In 2009, Jean Todt was elected the FIA president to replace Max Mosley,but given the current situation we are facing, FIA might decide to consider a measure to renew his mandate which is due to expire in December 2021.
In a recent interview Todt said: “I’ve done three mandates and it has taken quite a lot of my time, of my energy, of my commitment. So far, we can never predict something, but so far my mandate is ending by December 2021.”
There is talk about a limited extension to his third term as the FIA president, if this should be requested by the FIA general assembly.
Furthermore, Todt certainly had no intention of extending his mandate, but due to the circumstances, he expressed himself this way: “Honestly, it’s not something I was planning at all.
“I must confess I was not either planning this Covid-19. It’s not a priority.”
The current president has clearly expressed his approval regarding Chase Carey's idea - the Formula 1 CEO - to lower the budget limit for 2021.
“First of all I must commend the great relationship in which we have been incorporating the FIA and CRH - commercial rights holder, that is Liberty Media -,”
“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.”
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