Honda F1 website

JUNE 11, 2003

Mosley looks ahead to Formula 2 again...

FIA President Max Mosley says that he would like to see Formula 2 reintroduced to act as a junior league for Formula 1 with promotion and relegation between the two series just as happens between different leagues in football. The idea may be a good one but the economics are difficult to imagine, at least in the current financial climate as none of the current Formula 3000 teams could afford to make a jump into F1 because of the huge difference in costs between the two series. Mosley is working towards cutting costs in F1 as much as he can but is meeting stiff resistance from the manufacturer-backed F1 teams. This is forcing the smaller F1 teams to go out of business and there is a danger that if the sport is not careful there will soon only be manufacturer-supported teams left.