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
Fermin Aldeguer suffers fracture in MotoGP training...
No description available...
11h ago from Motorsport.com
Kevin Schwantz: “I see myself reflected in Marc...
No description available...
8h ago from Motorsport.com
Marc Marquez to make Ducati return in private Valencia...
No description available...
1d ago from Motorsport.com
Pushing aero to the limit: The evolution of winglets...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Will Power turns first IndyCar laps with Andretti at...
IndyCar veteran Will Power completed his first test laps with his new...
11h ago from MotorsportWeek.c...
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
11h ago from MotorsportWeek.c...
Power completes “very good” first outing with...
No description available...
23h ago from Motorsport.com
McLaughlin set to have new spotter for 2026 IndyCar...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026, Stage 5: Ford strikes back to win but...
No description available...
15h ago from Motorsport.com
Hyundai postpones Thierry Neuville's Monte Carlo test...
No description available...
12h ago from Motorsport.com
Toyota reveals new-look WEC Hypercar for 2026 amid...
No description available...
1d ago from Motorsport.com
Why defending champion Yazeed Al-Rajhi retired from...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Jamie Carragher aims major dig at Mikel Arteta's...
Liverpool legend Jamie Carragher has aimed a major dig at the tactics of...
2h ago from CaughtOffside.com
FA Cup third round: 10 things to look out for this...
clesfield and Weston-super-Mare carry the non-league hopes while fringe...
1h ago from TheGuardian.com
Return of the Emirates Groan: Arsenal fans restless on...
y one club are sitting pretty at the top of the Premier League, but the...
2h ago from TheGuardian.com
‘He didn’t realise’: Arteta defends Martinelli...
t;li>Winger tried to push injured Liverpool full-back off pitchKeane...
1h ago from TheGuardian.com
Comments
Hottest News
Cadillac F1 rivalry gets spicy as Sergio Perez defeats...
Valtteri Bottas and Sergio Perez have gone head... Read More »
4h ago from GPFans.com
Toto Wolff addresses Mercedes power unit superiority...
Toto Wolff has delivered a telling update on... Read More »
9h ago from MotorsportWeek.com
The potential legal loophole stalling the alleged Christian...
Christian Horner might have to wait until... Read More »
6h ago from MotorsportWeek.com
