FIA president Max Mosley has announced he will step down from his position in October, a year earlier than expected.

FIA president Max Mosley has announced he will step down from his position in October, a year earlier than expected.

According to a brief statement posted on the FIA's website, Mosley informed the FIA's general assembly that he would step down at the end of the 2004 season. Mosley has been president of the FIA since 1993.

In the last year Mosley has campaigned for a host of changes to F1 racing, largely due to decreased interest and waning television ratings with Michael Schumacher and Ferrari's dominance
.

The most recent reforms agreed upon for the 2008 season were: a new engine format, a single tyre manufacturer and a ban on electronic driver aids. Mosley said the new formats would ensure closer, more exciting races.