From racing-live.com :

If Formula One does not act, car manufacturers could quit and the very existence of motor sport could be under threat. That is the belief of FIA President Max Mosley, who in an interview with the newspaper Welt am Sonntag justified his tough stance on modernising the rules for the future. Talks with the carmakers have already begun about revolutionising the rulebook for 2011, with things like biofuel-powered V6 engines on the table. The last carmaker to pull out of F1 was Ford at the end of 2004, but Mosley insisted: "We must continue to cut the costs." "My experience is that if one manufacturer decides it has become too expensive, another one could also say goodbye very quickly. We have to remember that the people sitting on these companies' executive boards are not necessarily F1 fans." He admits that recent rule changes like longer-life engines and the new 'engine freeze' in 2007 had not dramatically altered the manufacturers' willingness to spend money. "Only two of them have actually reduced their budgets," Mosley said. "Instead of enjoying the cost savings they have continued to spend exactly the same sums, to develop maybe three or four more horse power - and that's crazy. "

I am really sick and tired of this idiot. He said it himself -  the teams will spend as much money on F1 as they want to spend, also with biofuelled V6 engines, why should that make a difference ? And as long as money doesn't buy anybody a world championship (see Toyota), I don't see a problem. Renault has taken the title for two consecutive seasons with a smaller budget than Toyota, Ferrari and possibly Honda

Get lost, old Mad Max Farting Idiot !