Mosley says the current system is a turn-off

"My preference is for everyone to go out for an hour and whoever is fastest is on pole position," he said ahead of the Monaco Grand Prix.

"I think it's widely accepted that the present system, at least for those at the circuit, is not interesting.

"Even the TV people, I think, are not entirely happy with it."

The old qualifying system was replaced in 2003 when one-lap sessions were introduced on both Friday and Saturday.

The move came after Ferrari had dominated the 2002 campaign but, while it has the desired effect of shaking up the grid, Michael Schumacher eventually won the title again last year.

This year qualifying was altered again with the Friday hour ditched and two back-to-back hours held on Saturday.

But it has been a turn off and alternatives are now being considered.

Mosley added: "Clearly if we had unanimity we could change it tomorrow. It is a question of getting that unanimity.

"There are a number of interesting things put forward, the one thing that we say is it must be simple, it must be something that can be readily explained.