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Jean Todt, former Head of the Scuderia and Ferrari CEO, has been nominated FIA President today. In a press release from FOTA Ferrari Chairman Luca di Montezemolo declared: "I would like to send my best wishes to Jean Todt in his new role, as I have always appreciated his ability, dedication and commitment. I am sure that, under his guidance, the Federation will be rejuvenated and will restore a climate open to dialogue and constructive collaboration with the teams and FOTA, thus ensuring stability of the regulations and the whole environment.

Formula One is about to embark on a new phase: all the stakeholders must work together with an eye to the future, to increase the credibility and interest generated by this sport, tackling the technical and environmental challenges that await it, while keeping unchanged, those characteristics that have made it one of the most popular disciplines on the world stage."