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Progress made in 2013 Concorde talks?
A statement from the FIA claims that an 'important step' was made towards securing F1's future in a meeting between the governing body, commercial rights holder Bernie Ecclestone and the F1 teams in Paris, and talks of a final settlement "in the coming weeks."
The splitting of F1's commercial 'pie' from its estimated $1.5-2.0bn annual revenues is a recurring bone of contention every time the Concorde Agreement -- the document by which the sport is governed - comes up for renewal.
The sports' authorities are currently trying to finalise a new document that will take F1 through to 2020 but, as usual, matters of governance and financial recompense have given rise to a number of...
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13y ago from GrandPrix.com
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