1F1 boss Ecclestone backing Todt for FIA president .
2Formula One boss Bernie Ecclestone is supporting Jean Todt to replace Max Mosley as president of motor racing 's governing body .
3Mosley , whose fourth and final term as FIA president will end in October 's elections , is also backing Todt .
4Former world rally champion Ari Vatanen is Todt 's rival for the job .
5Ecclestone said Friday in a statement : '' -LRB- Todt -RRB- is a most reliable , gifted and trustworthy person .
6He is determined and dedicated to whatever goals he sets himself , and I admire and respect him greatly for everything he has achieved . ''
7A former Ferrari team principal , Todt has also worked on FIA 's World Motor Sport Council .
8Ecclestone said : `` Jean is by far the most knowledgeable and capable candidate for this vitally important role . ''