Mosley believes F1 split can be avoided

Max Mosley, president of motor racing's ruling body FIA, believes there will be compromise deal within the next two years between…

Max Mosley, president of motor racing's ruling body FIA, believes there will be compromise deal within the next two years between Formula One carmakers, who are threatening to form a rival series, and rights holders Kirch.

Mosley told today's Autosportmagazine that splitting Formula One into two rival tours would not make financial sense.

"In the end everybody understands that one championship is vastly more valuable and interesting than two championships," he said.

"That said, the major manufacturers want a bigger slice of the cake, and I think that in the end there will be a simple calculation that they on the one side, and the Kirch Group on the other, will weigh up what both sides would have if there were two championships," Mosley said.

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Last week the carmakers said they were on the point of founding a company to run their own series, which they would start unless they secured agreement with Germany's Kirch group.

Kirch recently secured 75 per cent of the shares in Formula One holding company SLEC. SLEC has paid FIA $313.6 million for the commercial rights to Formula One for the next 100 years.