The pair may have had their - very public - differences over the past year, but Bernie Ecclestone has stated that he 'hopes' Max Mosley will remain as FIA President beyond the end of his fourth term in the post in October.

In the wake of the News of the World tabloid sex scandal in which Mosley became embroiled in March of last year, Formula 1 commercial rights-holder Ecclestone - a long-time friend, ally and business associate of the 68-year-old - called for him to resign, but as on a number of other issues of late, now appears to have changed his tune somewhat.

Mosley has said that he will decide in June whether or not to contest another leadership election for the most powerful post in international motorsport, and despite having initially insisted that the current term would be his last, has dropped repeated hints in recent months that he is likely to stand again.

Disgraced former Royal Bank of Scotland chief executive Sir Fred Goodwin and controversial ex-Ferrari team principal Jean Todt have also both been mooted for the role, but Ecclestone remains convinced that Mosley is still the best man for the job.

"That's up to Max," the 78-year-old billionaire told German publication Auto Bild. "If he stands again he will undoubtedly win, and I hope he does stay. He has done a good job."

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