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
Injured Maverick Vinales to miss Spanish GP after...
No description available...
1h ago from Motorsport.com
Has Ducati stagnated or have its MotoGP rivals caught...
No description available...
18h ago from Motorsport.com
KTM riders say top speed advantage has disappeared in...
No description available...
1d ago from Motorsport.com
What the concessions system will look like in MotoGP's...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Complete IndyCar championship standings after Long...
No description available...
7h ago from Motorsport.com
Official race results: IndyCar 2026 Grand Prix of Long...
No description available...
11h ago from Motorsport.com
Felix Rosenqvist feeling mixed emotions after Long...
No description available...
8h ago from Motorsport.com
AJ Foyt crew member escapes injury after foot clipped...
An AJ Foyt Racing pit crew member has been given the all clear after...
8h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
2d ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
2d ago from Motorsport.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
'I wouldn't be happy' – Wayne Rooney says...
Manchester United great Wayne Rooney has asserted Viktor Gyokeres has...
51m ago from SportsKeeda.com
“I have won 11 titles here!” - Arsenal star...
Arsenal striker Gabriel Jesus hit back at a Manchester City fan who called...
41m ago from SportsKeeda.com
Arsenal target proven goal threat as Arteta eyes yet...
Arsenal are stepping up their plans to strengthen the attack this summer,...
1h ago from CaughtOffside.com
Arsecast Extra Episode 691 – 20.04.2026
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
21m ago from Arseblog.com
Comments
Hottest News
F1: The ADUO conundrum
The mechanism by which engine manufacturers can... Read More »
1h ago from Pitpass.com
Stella brushes off ‘pre-contract' speculation
Apr.20 Andrea Stella has dismissed claims that... Read More »
51m ago from OneStopStrategy.com
Weber ‘speechless' after Todt's Schumacher admission
Apr.20 Willi Weber has reacted with shock and... Read More »
3h ago from OneStopStrategy.com
