Max wants F1 to adopt a promotion/relegation system in 2008
Wednesday February 15 2006
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FIA President Max Mosley is keen to see Formula One adopt a promotion and relegation system in 2008, which he hopes will add excitement to the sport.
Earlier this week at his pre-season address in London, Mosley spoke about his plans to link Formula One to the current GP2 series.
This would be done in order to facilitate teams swapping between the two Championship with the bottom two F1 teams being relegated to the junior series at the end of each season and the top two GP2 teams promoted to Formula One.
"It is one of the new things we are looking at and it would be nice because it is necessary," Mosley told the BBC.
"Promotion, and relegation, would add a huge amount of new interest. It is natural and it would be very stimulating for everyone."
However, in order for his plan to work, the FIA President admits F1’s costs will have to be dramatically reduced.
"First we do have to get the costs fully under control so that promoted teams, quite possibly smaller, independent teams, could afford to make the step up into Formula One."
He even went as far as to suggest that about £65m should be the target as he believes most teams, even junior ones, could find that amount.
"They will already have some success, an efficient management and sponsors.
"And they will gain more money, from the commercial side of Formula One, when they go up - thanks to Bernie Ecclestone's increase in payments - and should also find extra sponsors."
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