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Motor racing: Todt unopposed for third term as FIA president

Published 11/22/2017, 10:52 AM
Updated 11/22/2017, 11:00 AM
© Reuters. FIA President Jean Todt arrives to an event to promote road safety awareness for children as part of the #SaveKidsLives project in Tegucigalpa

LONDON (Reuters) - Jean Todt is sure to be re-elected for a third term as president of Formula One's governing body after the International Automobile Federation (FIA) said on Wednesday that no other candidates were standing.

The 71-year-old Frenchman took over from Max Mosley in 2009 and won a second four-year term in 2013.

The FIA said on its website (www.fia.com) that the former Ferrari (NYSE:RACE) team boss was the only candidate whose electoral list had been received by the official deadline.

The vote will be held at the Annual General Assembly on Dec. 8 in Paris.

Formula One, with U.S.-based Liberty Media (NASDAQ:FWONA) taking over the commercial rights last January, is entering a potentially turbulent period with team contracts expiring in 2020 and a new engine format to be agreed.

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