News Details

'No need' for Concorde Agreement - Ecclestone

Bernie Ecclestone has claimed Formula One can get by without the contract which has been at the heart of the sport for over 30 years and commits all the teams to race. The contract, known as the Concorde Agreement, is signed by the teams, motor racing's governing body the Fédération Internationale de l'Automobile (FIA) and the F1 Group which is run by Ecclestone. In addition to committing the teams to race, it determines how F1 is run from the location of races to the amount of prize money which is paid out. The contract has been in place since 1981 but it expired at the end of 2012. Ecclestone has spent the past year trying to negotiate a new contract, to run until the end of 2020, but...
Full Story »
13y ago from espnF1.com 0
Share

You May Also Be Interested In...

Ecclestone hits back at Melbourne F1 cost complaints

24 January, 2013 F1 chief executive Bernie Ecclestone has hit back at...
13y ago from YallaF1.com

Ecclestone doing his best to save German GP

23 January, 2013 Formula 1 boss Bernie Ecclestone has not given up on...
13y ago from YallaF1.com

Portugal interested in 2013 race reveals Ecclestone

25 January, 2013 Portugal has emerged as a candidate to stage the vacant...
13y ago from YallaF1.com

Elsewhere On The Network

Popular On MGPToday.com

Toprak Razgatlioglu admits MotoGP adaptation...

Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...

Popular On IndyCarToday.com

IndyCar reveals track design for Washington D.C. event

IndyCar has revealed the track design for the newly-added event in...

David Malukas’ Penske poise earns accolades from...

After just two races with Team Penske under his belt, David Malukas is...

Popular On TotalWRC.com

Popular On GunnersToday.com

'He's out' – Arteta confirms key Arsenal star...

Arsenal’s quest for a maiden European crown faces a significant hurdle...
2h ago from CaughtOffside.com

U-turn: Report reveals surprise outcome of recent...

Arsenal may reportedly have cooled their interest in the potential...
5h ago from CaughtOffside.com

The big boys are back for Leverkusen trip

Morning all. We're in Champions League action this evening, taking on...
4h ago from Arseblog.com

Thierry Henry believes Arsenal and one other team are...

Arsenal legend Thierry Henry has ruled out Barcelona as top favourites for...
6h ago from SportsKeeda.com

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.