UPDATE 1-Motor racing-Vatanen to stand for FIA president

* Vatanen says he standing for FIA president

* Could oppose Mosley

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By Alan Baldwin

NUERBURGRING, Germany, July 10 (Reuters) - Former world rally champion Ari Vatanen announced on Friday that he would stand in October for president of the International Automobile Federation (FIA).

The decision will pit the Finn against Max Mosley, should the controversial 69-year-old Briton decide to seek a fifth term in office.

"Responding to requests from many FIA member clubs, I shall stand for presidential elections of the FIA in October this year", Vatanen said in a statement. "I think the time has come for a change.

"My main focus is to reconcile views within the FIA and bring transparency to its stakeholders."