Essential Reading for February 4th, 2009

Recommended links for February 4th, 2009:

• FIA president Max Mosley to stand for re- election – FIA president Max Mosley has given the clearest indication yet that he intends to stand for a fifth term of office when his current spell expires in October.

  He said he expected "six or seven" people to enter the race, although Sir Fred Goodwin will not be one of them. The former Royal Bank of Scotland chief executive was linked with the role, but Mosley scotched that rumour. "Last week Sir Fred called me to say it was all nonsense. He was obviously rather embarrassed," Mosley said.

• F1 to face radical cost cuts by 2010 – Formula One’s rule-makers are poised to present its teams with a dramatic cost-cutting package for 2010 that goes much further than savings already agreed, as the crisis hitting the motor industry threatens more withdrawals from the sport.
• Mercedes rubbishes ‘F1 vote’ reports – McLaren’s partner Mercedes-Benz has rubbished reports suggesting its Formula 1 future had been on a knife-edge during a recent board meeting of its parent company Daimler.

  "There was no voting by the Daimler board of management concerning Formula 1,” a Mercedes spokesperson told itv.com/f1.