Mosley calls for reforms to improve Formula One

FIA PRESIDENT Max Mosley has warned Formula One is becoming “unsustainable” and has invited teams to tender proposals on a raft of planned reforms designed to cut costs and improve racing.

In a letter addressed to the 10 team principals and circulated to the media ahead of tomorrow’s British Grand Prix, Mosley said “difficult market conditions” required the sport to drive down the cost of running manufacturer teams by “at least 50%” and improve the fuel efficiency of the cars.

The FIA president has set an October 3 deadline for the submission of proposals, with the new rules set to be implemented for the start of the 2011 season.