News Details

Ecclestone: We no longer need a Concorde Agreement

According to Bernie Ecclestone new agreements with the Formula One teams mean that a Concorde Agreement is no longer necessary.The Concorde Agreement, which first came into existence in 1981 and which dictates all commercial aspects of the sport, was supposed to be signed-off in 2013 and run until 2020. However, the signatories - Ecclestone, the FIA and the teams have yet to sign it.While the Concorde Agreement covered most aspects of the sport - certainly the all-important financial issues - it did not cover the Technical and Sporting Regulations which were the work of the FIA. However, as of last year, the F1 Strategy Group, which comprises six teams, the FIA and F1 Group, are...
Full Story »
2y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Ecclestone declares that F1 Concorde Agreement era is...

Ecclestone declares that F1 Concorde Agreement era is over 7 March, 2014...
2y ago from GrandPrix247.com

Concorde Agreement isn't needed anymore

A few months ago, Formula 1 boss Bernie Ecclestone said that the...
2y ago from Formula1Blog.com

Ecclestone admits trials are a distraction from F1

Bernie Ecclestone has admitted he can no longer fully focus on Formula One...
2y ago from espnF1.com

Formula 1 teams' association collapses

A group that acts on behalf of Formula One teams is being disbanded...
2y ago from SuperSport.com

Elsewhere On The Network

Popular On MGPToday.com

Assen MotoGP: Jack Miller stuns in wet and wild...

Jack Miller scored his maiden MotoGP race victory in a sensational wet...
5h ago from Motorsport.com

Rossi laments “stupid mistake” that cost Assen...

Valentino Rossi was left to lament his own “stupid mistake” after...
2h ago from Motorsport.com

Dutch downpour dampens Yamaha MotoGP‘s efforts

Dramatic rainfall at the TT Circuit Assen played a big role in race...
2h ago from Motorsport.com

MotoGP Assen: Sunday times and race results

All the results from the Dutch GP
11h ago from BikeSportNews.com

Popular On IndyCarToday.com

Urrutia wins wet/dry race after more drama

Santiago Urrutia led a Schmidt Peterson Motorsports 1-2 after the pair...
3h ago from Motorsport.com

Road America - Qualifying results

Full qualifying results for the ninth round of the 2016 Verizon IndyCar...
10h ago from Crash.net

INDYCAR: Bourdais leads wet Road America warm-up

KVSH Racing's Sebastien Bourdais was the fastest driver during IndyCar's...
5h ago from Racer.com

"What They're Saying" from qualifying at...

Top 10 quotes from qualifying for the KOHLER Grand Prix Verizon IndyCar...
4h ago from Motorsport.com

Popular On TotalWRC.com

Paddon targets Poland bounce back

Kiwi keen to put recent disappointment behind him
1d ago from WRC.com

Craig Breen and Stéphane Lefebvre to represent Abu...

Winners of Rally de Portugal with Kris Meeke and Paul Nagle, the Abu Dhabi...
2d ago from Motorsport.com

Ogier draws 'additional strength' from fatherhood

Will Tim make the champ even faster?
2d ago from WRC.com

Hyundai Motorsport targets podium at fast and furious...

Hyundai Motorsport is ready to challenge for another podium result in...
2d ago from Motorsport.com

Popular On GunnersToday.com

Club marks Refugee Week

Arsenal in the Community hosted a tournament at Market Road in Islington...
3h ago from Arsenal.com

Arsenal and Manchester United target Breel Embolo...

Arsenal and Manchester United target Breel Embolo joins Schalke less than...
5h ago from DailyMail.co.uk

Five stars Arsenal should pinch from their Premier...

Five stars Arsenal should pinch from their Premier League rivals BEGIN...

Leaked – Arsenal's 16/17 third kit is, well, not...

The internet is a familiar place for us football fans every summer. Crazy...

Comments

Hottest News

Recent News

2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.