Mosley now vows to leave 'options open'

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After reaching an agreement with the Formula One Teams' Association chairman Di Montezemolo on Wednesday on the future of the sport, Mosley confirmed he would not stand for re-election beyond his current mandate which expires in October.

However, the 69-year-old clearly feels let down by remarks made by Di Montezemolo after the announcement of the peace pact, to such an extent he has decided to leave his "options open".

In a strongly-worded letter Mosley said: "We made a deal yesterday in Paris to end the recent difficulties in Formula One.

"A fundamental part of this was that we would both present a positive and truthful account to the media.

"I was therefore astonished to learn that FOTA has been briefing the press that Mr (Michel) Boeri (president of the FIA Senate) has taken charge of Formula One, something which you know is completely untrue; that I had been forced out of office, also false; and, apparently, that I would have no role in the FIA after October, something which is plain nonsense, if only because of the FIA statutes.

"Furthermore, you have suggested to the media I was a 'dictator', an accusation which is grossly insulting to the 26 members of the World Motor Sport Council who have discussed and voted all the rules and procedures of Formula One since the 1980s, not to mention the representatives of the FIA's 122 countries who have democratically endorsed everything I and my World Motor Sport Council colleagues have done during the last 18 years."

Mosley added: "There was no need for me to involve myself further in Formula One once we had a settlement.

"Equally, I had a long-standing plan not to seek re-election in October. It was therefore possible for me to confirm both points to you yesterday.

"Given your and FOTA's deliberate attempt to mislead the media, I now consider my options open."