News Details
Formula 1′s 2020 deal with teams not enough
While Formula 1 heads into the Winter Season, concerns over its longevity still bubble at the surface of the Constantin Medien trial regarding the sale of F1 in 2006 to CVC Capital Partners.
According to our friend, Christian Sylt, CVC boss, Donald Mackenzie said:
“Even now, after the latest contracts, which have been signed up to 2020, the first thing any new shareholder says to me: it’s not enough. Can’t we make it a longer period? We don’t want the uncertainty,” said Mackenzie
The teams have separate commercial agreements with Formula One Management and the FIA has an agreement but the tripartite arrangement known as the Concorde Agreement is yet to be ratified.
According to...
Full Story »
Full Story »
10y ago from Formula1Blog.com
0
You May Also Be Interested In...
Lifting the lid on F1's inner workings
Publicity-shy Formula 1 figure Donald Mackenzie comes forward during the...
10y ago from BBC.co.uk
Missing Formula 1? This is for you…
Oh I so detest this time of year, when the next F1 season is nowhere near...
10y ago from TheF1Poet.wordpre...
Ferrari have power to veto Horner's appointment to top...
Ferrari have power to veto Horner's appointment to top F1 job 5 December,...
10y ago from GrandPrix247.com
Being a third driver isn't always a guarantee…
There was an issue that really put into perspective just how much...
10y ago from RichlandF1.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Barcelona GP: Bagnaia leads Bezzecchi in second...
No description available...
10h ago from Motorsport.com
Quartararo explains why he's Yamaha's traction control...
No description available...
6h ago from Motorsport.com
Game of Thrones star Emilia Clarke to reveal new...
No description available...
7h ago from Motorsport.com
Bagnaia explains bizarre post-FP1 crash after Vinales...
No description available...
7h ago from Motorsport.com
Popular On IndyCarToday.com
Despite three IndyCar titles, Palou feels incomplete...
No description available...
1d ago from Motorsport.com
Penske Entertainment buys Grand Prix of Long Beach
No description available...
1d ago from Motorsport.com
Penske purchases Grand Prix Association of Long Beach
Penske Entertainment announced Thursday that it has acquired the Grand...
1d ago from MotorsportWeek.c...
AJ Foyt technical director Michael Cannon leaves team
Michael Cannon, AJ Foyt Racing’s revered engineer and technical...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Croatia strikes new deal to rejoin WRC in 2026
No description available...
17h ago from Motorsport.com
WRC drops hybrid power as part of 2025 Rally1 refresh
No description available...
9h ago from Motorsport.com
Hyundai's 2025 WRC car will feature "reasonable...
No description available...
4d ago from Motorsport.com
What Lancia needs to do to transform its rally return...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'I hope so' - 25-year-old star keen to stay at current...
No description available...
6h ago from SportsKeeda.com
Arsenal, Liverpool 'learn £85m valuation' for...
Arsenal and Liverpool reportedly learn what fee it will take to prise...
6h ago from SportsMole.co.uk
Arsenal attacker 'in talks' over new long-term...
Arsenal are reportedly working to secure Belgian attacker Leandro Trossard...
7h ago from SportsMole.co.uk
'I like the playing style and the teams' - When Neymar...
No description available...
5h ago from SportsKeeda.com
Comments
Hottest News
Secret Ricciardo deal revealed as MAJOR 2025 driver change...
The former boss of Daniel Ricciardo has revealed... Read More »
2h ago from GPFans.com
F1 chief reveals SECRET Ricciardo agreement
The former boss of Daniel Ricciardo has revealed... Read More »
4h ago from GPFans.com
Red Bull stars gather for test SHOOTOUT amid driver signing...
Red Bull stars Liam Lawson and Yuki Tsuoda have... Read More »
3h ago from GPFans.com
