Schumacher to head FIA's Motor Sport Safety Development Fund

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Seven-time Formula One world champion Michael Schumacher has been elected chairman of the FIA's newly established Motor Sport Safety Development Fund. The Fund has been created to manage the distribution of motor sport safety-related grants from the FIA's US$60 million share of the $100 million fine imposed on McLaren-Mercedes last year. Chaired by Michael Schumacher, the fund's management committee is made up of Max Mosley, FIA President; Nick Craw, President of the Automobile Competition Committee for the United States; Jean Todt, Member of the Board, Ferrari SpA and Norbert Haug, Vice President, Mercedes-Benz Motorsport.

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