Motor Sport Safety Development Fund created

Michael Schumacher will be one of a five-man team who will become the management committee for the Motor Sport Safety Development Fund. A statement released by the FIA revealed that over the next five years, the fund will be utilised to concentrate on safety issues for the drivers, officials and facilities.

One of the committee s first tasks will be to help distribute the $60 million fine collected from McLaren punishment for their involvement in the 2007 espionage saga.

The remaining four members of the committee are FIA president Max Mosley, former Ferrari CEO Jean Todt, Mercedes motor sport director Norbert Haug, and Nick Craw, president of the Automobile Competition Committee for the United States (representing National Sporting Associations).