Like most American kids that grew up in the 80's I watched the Indy 500 every year and became interested in motorsports thanks to that race, but I didn't really get hooked until I started watching Formula 1 racing in the late 90's. My favorite era were those years with the great Mika Hakkinen/Michael Schumacher battles. (I was a Mika Hakkinen fan) So my fondness for Formula 1 waned once Mika retired and Schumacher started winning everything, even at the expense of his teammate Rubens Barrichello. My interest in F1 has only been lukewarm since.

Then I turned to Champ Car racing here in the US for my motorsports fix. However that was quickly extinguished once Champ Car and Indy Car merged and we were stuck with Tony George and his many foibles. (It was entertaining to watch the Hulman/George drama I'll admit.) My interest has been less than lukewarm with Indy Car lately, even without Tony George at the helm.

Over time however, the excitement I once had for motorsports has slowly gone. Maybe it has to do with my age, I don't know. But I think I will pour my efforts into my Trooper and my interests in the outdoors to add excitement to my life.

Thanks for checking out my blog, I hope you enjoy it. I will still post racing news when I find something interesting or noteworthy.

Friday, June 26, 2009

Mosley: Deal reached for unified F1 championship

(by Associated Press 6-24-09)

PARIS (AP) - FIA president Max Mosley reached a deal Wednesday to stop eight rebel Formula One teams from forming a breakaway series but now will not seek re-election.

Mosley agreed to the Formula One Teams Association's demand to scrap a voluntary $65 million budget cap for next season.

Instead, a watered-down agreement over cost-cutting was approved by the FOTA members — Ferrari, McLaren, BMW Sauber, Renault, Toyota, Red Bull, Toro Rosso and Brawn GP.

"There will be no split. We have agreed to a reduction of costs," Mosley said. "There will be one F1 championship, but the objective is to get back to the spending levels of the early '90s within two years."

Mosley said the deal still maintains the "financial viability" of teams that he had been targeting with the initial cap. As part of the agreement, existing teams must help new outfits with their engines and chassis.

Mosley has been the president of the FIA, the international automobile federation that governs Formula One, since 1993. His leadership style has been criticized as too autocratic, and many of the teams blamed him for precipitating the split between FOTA and the FIA. Still, Mosley announced over the weekend that he was seriously considering running for a fifth term.

"I will not be up for re-election now we have peace," Mosley said at FIA's Paris headquarters.

"This for me is an enormous relief," he added, referring to "personal difficulties" he has faced.

His son, Alexander Mosley, was found dead at his luxury apartment May 5 after an accidental drug overdose.

The 69-year-old FIA president, the son of former British fascist leader Oswald Mosley, was at the center of a media frenzy last year when a tabloid newspaper reported he took part in a sadomasochistic orgy with five prostitutes in London. A video of the incident was widely circulated on the Internet.

Mosley successfully sued the News of the World for invasion of privacy.

The episode brought calls for Mosley's ouster as FIA president, but he won an overwhelming vote of confidence to stay on.

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