World motorsport chief Max Mosley says he will push on with planned cost-cutting measures in a bid to sustain Formula One in the wake of Honda's shock decision to quit the sport.
Honda has announced its withdrawal citing the global financial crisis.
With one or more teams reported to be considering their options, FIA president Mosley says Honda's decision upholds the beliefs he expressed earlier this year that Formula One was was spending money beyond its means.
PLAY AUDIO: MOTOR UNSUSTAIN
IN: THE FUNDAMENTAL DIFFICULTY......
OUT: ...IN GOOD ECONOMIC TIMES
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Max Mosley
