FIA president Jean Todt has indicated the disruption caused by the pandemic may affect his decision to stand down as president of the FIA at the end of next year.
“I’ve done three mandates and it has taken quite a lot of my time, of my energy, of my commitment,” Todt reiterated in an interview for RaceFans. “So far, we can never predict something, but so far my mandate is ending by December ’21.”
Asked whether the unprecedented development of recent months could lead him to consider seeking a further term, Todt said: “Honestly, it’s not something I was planning at all.
“I must confess I was not either planning this Covid-19,” he added. “It’s not a priority.”
RaceFans understands Todt would only consider a limited extension to his third term as president, in order to ensure a smooth transition following the pandemic, if it was requested by the FIA’s general assembly.
Todt expressed his satisfaction with the progress which has been made in discussions with Formula 1 CEO Chase Carey to ease the financial burden on teams and reduce the 2021 budget cap.
“First of all I must commend the great relationship in which we have been incorporating the FIA and CRH [commercial rights holder, i.e. Liberty Media],” he said.
“We have had regular meetings. Chase’s team, me and my team, and regularly also involving the 10 Formula 1 teams to address the present and the future situation. Clearly this pandemic would have reinforced our wish, our energy, to make more drastic decisions for the future. And in a way to resist even more the resistance which was occurring [from] certain teams.
“We have been circulating the final status of what we are proposing. So we think from the reaction, I would say that the future of Formula 1 has been backed, and it’s now just a question of going through the governance and to finalising details.”
How is the governing body of world motor sport responding to the threat of the pandemic? Read Dieter Rencken’s in-depth interview with FIA president Jean Todt in today’s RacingLines column on RaceFans
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