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

Smith undergoes surgery after Oschersleben Endurance...

MotoGP star Bradley Smith looks likely to miss next weekend’s...
11h ago from BikeSportNews.com

MotoGP: Smith awaiting scan results on knee injury

Monster Yamaha Tech 3 rider Bradley Smith is awaiting the results of an...
12h ago from MotorcycleNews.c...

MotoGP: Smith happy with KTM testing pace

KTM’s 2017 rider Bradley Smith says that he’s delighted with the...
22h ago from MotorcycleNews.c...

Grab a pillion ride with Mamola at MotoGP Silverstone

You can be Mamola's topbox and raise money for Two Wheels For Life as well
22h ago from BikeSportNews.com

Popular On IndyCarToday.com

2017 schedule promotes continuity, adds Gateway

Indycar has announced a 17-race 2017 season that, while providing...
17h ago from Crash.net

INDYCAR: Firestone clarifies Texas tire allotment

Firestone has clarified the allotment of tires to all teams for Saturday...
12h ago from Racer.com

IndyCar reveals 17-race 2017 calendar

– IndyCar officials have revealed an expanded 17-race 2017...
1d ago from GPUpdate.net

VIDEO: Close shave for Castroneves

Helio Castroneves has escaped injury after a pitlane crash which involved...
1d ago from SpeedCafe.com

Popular On TotalWRC.com

Mikkelsen: It still felt like a victory

Fourth in Germany but Mikkelsen remains positive
20h ago from WRC.com

Germany driver report: part 2

Advertising Thierry Neuville (Hyundai i20) Result: 3rdA podium finish...
1d ago from WRC.com

Lappi breaks silence over Toyota rumours

Talks have taken place at Toyota's rally base
3d ago from WRC.com

Teams want China as a candidate rally in 2017

Multi-million pound losses caused by the cancellation of Rally China have...
2d ago from EuroSport.com

Popular On GunnersToday.com

(Video) 30m is a bargain for 23-year-old Chelsea...

Reports in Italy are linking 23-year-old Inter Milan midfielder Marcelo...
5h ago from CaughtOffside.com

Arsene Wenger: I'm not spending £52m om Mustafi and...

Arsenal are set to announce the £52million signings of Valencia...
10h ago from Express.co.uk

Gilberto Silva unhappy to see Thierry Henry coaching...

Gilberto Silva unhappy to see Thierry Henry coaching away from Arsenal...
8h ago from DailyMail.co.uk

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.