News Details
Carey: Goal is to create long-term partnerships with teams
Formula 1 chief Chase Carey is determined to negotiate a fairer and more transparent distribution of wealth system than currently exists with the Concorde Agreement, with the goal of establishing long term partnerships that benefit all teams equally. Carey told media, 'We have the infamous document called the Concorde Agreement. Which is this agreement that comes up every six to eight years – it comes up in 2020 – which defines the financial arrangements with teams.' 'I think our goal is to create much more of a long-term partnership, not a partnership that sort has a point in time that you go out and renegotiate the next eight-year partnership, that there's a continuum.' The current...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
Carey keen to replace "infamous" Concorde...
F1 boss Chase Carey says he doesn't want to negotiate a new Concorde...
8y ago from Motorsport.com
Carey set to scrap Concorde Agreement in favour of...
Chase Carey wants to create an F1 culture where everyone is pulling...
8y ago from TheCheckeredFlag....
Carey wants to axe Concorde Agreement
F1 boss Chase Carey believes the Concorde Agreement should not be renewed...
8y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Pramac becomes first MotoGP team to reveal 2026 livery
No description available...
5h ago from Motorsport.com
Pramac Yamaha unveils 2026 MotoGP livery
Pramac Yamaha has officially unveiled its striking new livery on the...
5h ago from MotorsportWeek.c...
Jack Miller: Yamaha are ‘busting their arses' on...
Pramac rider Jack Miller has seen first-hand the efforts of Yamaha on its...
9h ago from MotorsportWeek.c...
‘Super talented’ MotoGP rookie Diogo Moreira...
Pedro Acosta believes “super talented” rookie Diogo Moreira has the...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Escotto confirmed by Juncos Hollinger Racing for 2026...
No description available...
6h ago from Motorsport.com
Ranking IndyCar’s rising stars to watch in 2026
No description available...
3d ago from Motorsport.com
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
5d ago from MotorsportWeek.c...
Will Power turns first IndyCar laps with Andretti at...
IndyCar veteran Will Power completed his first test laps with his new...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Dakar 2026, Stage 9: Ford takes 1-2 in overall...
No description available...
12h ago from Motorsport.com
How Elfyn Evans plans to finally achieve rallying’s...
No description available...
11h ago from Motorsport.com
Naturally-aspirated V8: What Ford is doing differently...
No description available...
1d ago from Motorsport.com
How did WRC champion Kalle Rovanpera’s single-seater...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
'I don't think I used that word…' – Arteta...
Arsenal manager Mikel Arteta has denied ever saying that Gunners forward...
1h ago from CaughtOffside.com
Arteta rues Arsenal’s injury list before Carabao Cup...
t;li>Manager hopes to find ‘solution’ to defensive problemsSaliba...
1h ago from TheGuardian.com
'He’s had a bit more of a difficult time this...
Former Premier League striker Darren Bent is worried about Arsenal star...
2h ago from SportsKeeda.com
Mikel Arteta provides injury update on 4 key Arsenal...
Arsenal manager Mikel Arteta has spoken to the press about the fitness of...
6h ago from SportsKeeda.com
Comments
Hottest News
Adrian Newey takes extreme action after Aston Martin car...
Aston Martin hopes to take a step forward in... Read More »
5h ago from RacingNews365.com
Cadillac pulls the covers off bold monochrome look for F1...
The wait is nearly over, and Cadillac is making... Read More »
8h ago from F1i.com
Alpine swing axe on F1 driver as former racer arrested for...
All the day's best F1 news right here in one... Read More »
2h ago from RacingNews365.com
