The expected price of the F1 successor is unknown, but it’s likely to be sufficiently more than the MP$-12C. But rather than a limited edition, as the F1 was, it is expected be a regular series model.

Although this brings up some excitement, 2012 is merely a year and a half away. To build the next McLaren F1 supercar in this time seems a little tight in our books. We won’t hold our breaths until someone from McLaren goes on the record with this one.

[Source: Autocar, Autoblog]

Looks like the Formula 1 war between the governing body, the Fédération Internationale de l’Automobile (FIA), and the Formula One Teams Association (FOTA) will be back on after a peacetime discussion fell through.

The FIA previously agreed to give up the regulatory demands it planned to instate if FOTA dropped its bid to start a separate racing league.  Things have since gone sour again.  While reports are going back and forth, the breakup seems to be due to the FIA’s demand that any agreement be reached with unanimity among all the F1 teams–not just those with FOTA.

Looks like the only way this’ll be solved is with violence.  Lots of it.

Max Mosley will not run for re-election as president of the Fédération Internationale de l’Automobile (FIA), European racing’s governing body.  The longtime English federation manager, and notorious Nazi-dressing sex freak, will be stepping down after a rebellion by the Formula One Teams Association (FOTA).

Mosley, now age sixty-nine, has an extensive history in European motorsports.  He started his career as an amateur racer in the 1960s.  Mosley allied himself with famed entrepreneur Bernie Ecclestone in the 1970s, leading the Formula One Constructors Association (FOCA) in a protracted standoff with the Fédération Internationale du Sport Automobile (FISA).  In an ironic twist, Mosley went on to lead FISA in the 1980s, followed by his ascent to the FIA presidency in the early 1990s.

Mosley’s tenure has presided over much turmoil.  While Grand Prix racing has continued to be a vastly profitable enterprise in Europe, his tenure saw constant litigation, conflict with team owners, a hilarious sex scandal, and the abandonment of the US series.  The final straw came with Mosley’s decision to impose budgetary caps on Formula One racing teams in order to reduce costs.  The caps were to be accompanied by a broad series of measures to further promote resource equality–to be handled by Mosley personally.

The move infuriated team owners.  Luca di Montezemolo, Ferrari’s president, led a campaign against Mosley and his close ally, Ecclestone.  Montezemolo organized the formation of FOTA in July of 2008 to create a united front against Mosley and the FIA mandate.  Among the FOTA members were McLaren, BMW-Sauber, Brawn, Williams, Renault, and Toyota.  The FOTA resistance was given added weight by the Association des Constructeurs Européens d’Automobiles, the European manufacturers’ group.

Mosley stood firm, but finally caved in amid FOTA’s threat to create its own “rebel” racing series.  With the lucrative Formula One series in jeopardy, Mosley agreed to call it quits.

So ends a long and troubled chapter in European racing.