News Details
Mercedes refusing to sign new Concorde Agreement, has the most to lose – Wolff
Mercedes is 'the biggest victim' in Formula 1's latest Concorde Agreement according to Toto Wolff, which would result in a major financial hit for the German manufacturer. Wolff confirmed on Friday that Mercedes has yet to put pen to paper on a new deal and is reluctant until further changes are made. The Concorde Agreement is the contract that governs the sport and determines how much money each team is paid. The previous agreement heavily favours Ferrari, which receives a huge payment called the Long-Standing Team (LST) payment, even before its result are taken into consideration. McLaren, Red Bull, Williams and Mercedes receive a similar but far lesser payment for their historic...
Full Story »
Full Story »
3y ago from MotorsportWeek.com
0
You May Also Be Interested In...
'Mistreated' Mercedes rejects new Concorde Agreement!
Mercedes has rejected F1's latest Concorde Agreement ahead of a looming...
3y ago from F1i.com
Mercedes not even with Concorde Agreement: "Still...
In five days, the Concorde Agreement must be signed by all teams. The...
3y ago from GPBlog.com
Wolff: Mercedes are biggest victims in new Concorde...
70th Anniversary Grand Prix – Mercedes' team boss Toto Wolff says...
3y ago from FormulaSpy.com
Mercedes not willing to sign new F1 Concorde Agreement
Mercedes is engaged in a stand-off with Formula 1 over signing the new...
3y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
The obstacles Yamaha has to overcome to have a...
No description available...
19h ago from Motorsport.com
Ducati: COTA MotoGP podium “essential step” for...
No description available...
17h ago from Motorsport.com
Acosta: 2024 MotoGP title ‘not the priority' in...
MotoGP rookie Pedro Acosta has outlined that fighting for the 2024 title...
19h ago from MotorsportWeek.c...
Vinales: Aprilia MotoGP win has a “different...
No description available...
23h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar's new Aeroscreen makes early debut at Long...
The NTT IndyCar Series will have teams fit a new version of the Aeroscreen...
1d ago from MotorsportWeek.c...
IndyCar rolling out new version of aeroscreen for Long...
No description available...
1d ago from Motorsport.com
Arrow McLaren reveal Long Beach livery for No. 6...
No description available...
2d ago from Motorsport.com
IndyCar tweaks split practice format for Long Beach
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Ireland’s bid to rejoin the WRC in 2025 halted
No description available...
1d ago from Motorsport.com
Why tough love has allowed Fourmaux to reach new WRC...
No description available...
1d ago from Motorsport.com
Toyota to field Ogier and Rovanpera in WRC Portugal...
No description available...
2d ago from Motorsport.com
Why Craig Breen will be remembered for his "heart...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
'Close the gap!' - Thierry Henry furious with Arsenal...
No description available...
1h ago from SportsKeeda.com
Exclusive: 'It's true…' – Fabrizio Romano...
Transfer news journalist Fabrizio Romano has responded to the stories...
1h ago from CaughtOffside.com
'It's a gutted dressing room' - Mikel Arteta pinpoints...
No description available...
1h ago from SportsKeeda.com
Mikel Arteta laments 'big mistake' as Arsenal suffer...
A dejected Mikel Arteta admits that Arsenal were made to pay for one 'big...
2h ago from SportsMole.co.uk
Comments
Hottest News
Mystery of Newey's visit to Italy now solved
Apr.18 The mystery about Adrian Newey's recent... Read More »
45m ago from OneStopStrategy.com
As ‘new Kimi' tests F1, Raikkonen's son also on F1...
Apr.18 As a ‘new Kimi' makes his way to... Read More »
45m ago from OneStopStrategy.com
Ricciardo hopes to replicate Renault revival in F1 Chinese...
RB driver Daniel Ricciardo is hoping that this... Read More »
55m ago from MotorsportWeek.com