News Details
New Concorde Agreement on the ‘back burner'
CEO of the Formula One Group Chase Carey says the new Concorde Agreement has been put on the 'back burner' for now. All teams competing in Formula 1 must sign this agreement, and with the current one due to expire at the end of 2020, it means technically Formula 1 has no teams signed up to compete in 2021. But with the bigger issue that the series' owner Liberty Media are trying to tackle, Carey confirmed that while a new Concorde Agreement is close, finalising it has been shuffled down the list of priorities. “We had been in the final stages of completing the Concorde Agreement when the coronavirus crisis turned everything on its head,” Carey said in a call with Wall Street analysts....
Full Story »
Full Story »
3y ago from PlanetF1.com
0
You May Also Be Interested In...
Chase Carey: 'We can unilaterally impose the Concorde...
In order to race, a clear set of agreements is needed between all teams,...
3y ago from GPBlog.com
Chase Carey admits F1 may not return for 2020 season
now viewing Chase Carey admits F1 may not return for 2020 season May 9,...
3y ago from F1Hub.net
FOM and Liberty Media can set up a Concorde Agreement...
There was almost agreement on a new Concorde Agreement in February, but...
3y ago from GPBlog.com
Carey warns F1 is not in 'the business of handouts'
Formula 1 CEO Chase Carey says the sport will engage with teams to...
3y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Pramac's Morbidelli still "missing freedom"...
No description available...
2h ago from Motorsport.com
Oliveira frustrated by "baby steps" as 2024...
No description available...
7h ago from Motorsport.com
F1 owner Liberty Media set to finalise purchase of...
Formula 1 owner Liberty Media are in talks to buy Madrid-based company...
7h ago from MotorsportWeek.c...
F1 owner Liberty Media set to finalise purchase of...
No description available...
21h ago from Motorsport.com
Popular On IndyCarToday.com
The good, bad, and ugly of IndyCar's half-baked...
No description available...
19m ago from Motorsport.com
Rasmussen, Siegel and Simpson complete oval rookie...
No description available...
18h ago from Motorsport.com
Rosenqvist: Confidence within MSR growing with every...
Felix Rosenqvist has started off his time with Meyer Shank Racing on a...
21h ago from MotorsportWeek.c...
Rising concerns in IndyCar over PFC’s braking system
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
How WRC Rally1 teams embraced the return of the...
No description available...
39m ago from Motorsport.com
Neuville pips Tänak in Safari opener
FIA World Rally Championship leader Thierry Neuville took a slender...
39m ago from MotorsportWeek.c...
WRC Safari Rally: Neuville edges Tanak to grab early...
No description available...
5h ago from Motorsport.com
Kenya launches motorsport academy to nurture future...
No description available...
4h ago from Motorsport.com
Popular On GunnersToday.com
Crunch time: Easter games that have shaped the Premier...
the sharp end of the season fast approaches, here are four classic matches...
49m ago from TheGuardian.com
Is this the decisive weekend in the PL title race?
No description available...
1h ago from SkySports.com
'They’re not looking at them' - Journalist claims...
No description available...
2h ago from SportsKeeda.com
Arsenal news: Nwaneri signs first professional contract
No description available...
1h ago from SkySports.com
Comments
Hottest News
Top manufacturer takes HUGE step towards F1 return
A top manufacturer has taken a significant step... Read More »
4h ago from GPFans.com
'Stroll loses his spot at Aston Martin to Sainz in 2025'
Lance Stroll no longer in an Aston Martin. It is... Read More »
59m ago from GPBlog.com
Williams provides update on chassis rebuild for F1 Japanese...
Williams Formula 1 boss James Vowles has revealed... Read More »
59m ago from MotorsportWeek.com