Mosely not to stand for re-election

Max Mosley has confirmed he will not be standing for re-election as FIA president later this year, proposing former Ferrari team principal Jean Todt as his successor.

Mosley had suggested he would keep his options open after becoming infuriated by comments made by Ferrari president and FOTA chairman Luca di Montezemolo in the wake of a peace pact being agreed three weeks ago.