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

KTM unveils livery for 2017 MotoGP entry

– KTM has formally unveiled its 2017 MotoGP bike and team during a...
1d ago from GPUpdate.net

Vinales hits out at Marquez for following him on long...

Maverick Vinales has hit out at MotoGP rival Marc Marquez for following...
4d ago from Motorsport.com

KTM reveals MotoGP livery for 2017 season

KTM has officially unveiled the livery it will run during the 2017 MotoGP...

Combined times: Phillip Island MotoGP test

– MotoGP gathered at Phillip Island, picturesque home of the...
3d ago from GPUpdate.net

Popular On IndyCarToday.com

Derani to join Dorrbecker in testing with SPM at...

Schmidt Peterson Motorsport will hand a first Verizon IndyCar Series test...

IndyCar future at Long Beach secure - Kalkhoven

For all the concerned IndyCar fans that Long Beach could be snapped up by...
6h ago from Racer.com

VIDEO: 'McLaren' film trailer released

Watch the trailer for the upcoming documentary "McLaren," the...
13h ago from Racer.com

Juncos announces Indy 500 plans

Road to Indy ladder squad, Juncos Racing, has formally announced plans to...
7h ago from SpeedCafe.com

Popular On TotalWRC.com

Double fun in Mexico City

Crews to drive Mexico City Zócalo stage twice
16h ago from WRC.com

Germany adopts podium format

Germany adopts podium format ADAC Rallye Deutschland will follow the...
18h ago from WRC.com

Jari-Matti's Swedish quartet

Jari-Matti's Swedish quartet Jari-Matti Latvala's victory at Rally Sweden...
1d ago from WRC.com

Rally Sweden Analysis- Toyota surprise while Neuville...

Rally Sweden was a fairytale event for Jari-Matti Latvala and the brand...

Popular On GunnersToday.com

Wayne Shaw sacked by Sutton United after pie betting...

Celebs including Piers Morgan AND Gary Lineker back sacked roly poly...
4h ago from DailyMail.co.uk

Wayne Rooney Set For Manchester United Exit

It has been reported that Wayne Rooney is reportedly ready to leave...
4h ago from Nastytackle.com

Harry Kane: Joe Hart’s always fighting with this...

GETTY Joe Hart likes a bit of a scrap with his teammates That’s...
11h ago from DailyStar.co.uk

Hamburg Midfielder Walace On Stoke City Radar

Reports have emerged claiming that Stoke City are eyeing Hamburg...
4h ago from Nastytackle.com

Comments

Hottest News

Renault Sport Launches its 2017 F1 Car

Renault became the first Formula 1 team to unveil... Read More »
15h ago from ThisIsF1.com

Wolff ‘extends power at Mercedes’

Toto Wolff has reportedly upped his pay and... Read More »
45m ago from ThisIsF1.com

Renault RS17 and engine ‘far more homogeneous'

Renault's newly-launched RS17 and its RE17 power... Read More »
45m ago from PlanetF1.com

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.