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ECCLESTONE VS. MOSLEY?
Formula One commercial boss Bernie Ecclestone denied FIA president Max Mosley's claims last week that his group of companies wants to take over the entire F1 world championship, including the sporting and technical regulations (Competition, May 26).
Mosley wrote to the presidents of all FIA-affiliated national motorsports bodies, asserting that it is essential that he win an upcoming vote of confidence from the FIA general assembly on June 3-stemming from his public sex scandal-because he is at a delicate stage of negotiations with F1 regarding its future. He added that F1, majority-owned by private equity firm CVC Capital, also wanted to renegotiate its 100-year commercial-rights deal.
In his own letter, mailed on May 22, Ecclestone said that Mosley's statements "could lead to misunderstandings and inaccurate conclusions being drawn.''
Ecclestone's letter falls short of calling Mosley a liar, but it does undermine the president's case for being allowed to complete his current term, which expires in October 2009.
"We support the FIA and recognize that it is, and should remain, the sole body which governs the sporting organization of the FIA Formula One world championship,'' Ecclestone wrote. ". . . We intend to continue to manage exclusively the commercial exploitation of Formula One within the established frameworks of the existing FIA Formula One Commercial Agreement and, in due course, the 100-year agreements. . . . There are some ambiguities in the drafting of these agreements, however, and we have sought discussions with the FIA president to clarify these points and to avoid unintended consequences. We do not wish to have control over the Formula One regulations. . . . We intend to continue our successful relationship with the FIA. We have no reason to undermine the FIA or its president. . . . You may be assured that, whatever decision you should make on 3 June, we look forward to continuing our long-standing and constructive relationship with the FIA.''
Ecclestone told The Times newspaper: "I sincerely hope [Mosley's letter] wasn't a declaration of war. I don't want to have a war with Max. I hope he doesn't want one with me.''
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Source: HighBeam Research, ECCLESTONE VS. MOSLEY?