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Wednesday, 26th March 2008

Schumacher, Todt, Mosley and Haug amongst those to decide where money from McLaren fine goes.

Michael Schumacher has been named as one of the members of the new Motor Sport Safety Development Fund, set up to distribute the $60 million allocated from McLaren-Mercedes' spying row fine for the benefit of motorsport worldwide.

The World Motor Sport Council has appointed the management committee for the fund, to control the fund under the administration of the FIA Foundation.

The appointed members to the committee are FIA President Max Mosley and Schumacher (both FIA Foundation Trustees), Nick Craw, President of the Automobile Competition Committee for the United States (representing National Sporting Associations), former Ferrari team principal Jean Todt and Mercedes-Benz Vice-President Norbert Haug (representing the two manufacturers involved in the incident that gave rise to the original fine).

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The intention is to disperse the fund over the next five years by concentrating activities on a Young Driver Safety Scholarship Programme, an Officials Skills Safety Training Programme and a Facility Safety Improvement Consultancy Programme.

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