Mosley to step down from FIA Presidency 01 Jul 2004
Max Mosley, President of Formula One racings governing body, the FIA, will step down from the position at the end of this season, it has been announced.
In a statement released on Thursday, the FIA said that Mosley had informed the bodys General Assembly that he will stand down in October 2004.
Mosley originally became FIA President in 1993 on a four-year term and was re-elected in 1997 and 2001. It is not yet clear who will be his replacement.
The media will get the chance to quiz Mosley on his decision when he holds a press conference at Magny-Cours on Friday ahead of this weekends French Grand Prix.