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
The other Gresini rider staking his claim to a factory...
No description available...
8h ago from Motorsport.com
Honda on the brink of losing MotoGP's top concession...
No description available...
13h ago from Motorsport.com
Why Pedro Acosta values winning in MotoGP more than...
KTM rider Pedro Acosta says his sole focus is winning in MotoGP,...
11h ago from MotorsportWeek.c...
Yamaha toughens its stance on Fabio Quartararo
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood signs multi-year IndyCar extension with...
Andretti Global has announced that Kyle Kirkwood has signed an extension...
1d ago from MotorsportWeek.c...
Kyle Kirkwood signs multi-year extension with Andretti...
No description available...
1d ago from Motorsport.com
Colton Herta ‘would love to be back’ for another...
Colton Herta still has a desire to compete in next year’s Indianapolis...
4d ago from MotorsportWeek.c...
Marco Andretti announces retirement from racing, won't...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai signings bolster WEC and WRC resources
No description available...
12h ago from Motorsport.com
Kalle Rovanpera completes maiden F2 test ahead of...
No description available...
1w ago from Motorsport.com
Elfyn Evans: WRC points lead “guarantees absolutely...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal overcome Gyokeres' absence - and does...
Sky Sports' Sam Blitz reports on the Champions League game between Slavia...
1h ago from SkySports.com
“He really is special…': Arsenal, Liverpool...
RB Leipzig winger Yan Diomande has impressed in the Bundesliga since...
1h ago from CaughtOffside.com
Arsenal make it 10 wins in a row as they cruise past...
ther game, another slew of records for Arsenal’s defensive machine. This...
3h ago from TheGuardian.com
'You cannot teach that' - Arteta hails Dowman after...
Arsenal head coach Mikel Arteta pays homage to teenager Max Dowman after...
2h ago from SkySports.com
Comments
Hottest News
Max Verstappen and Kelly Piquet celebrate anniversary after...
Love is clearly in the air this November in F1... Read More »
2h ago from GPFans.com
Lewis Hamilton's four-word message to newly engaged...
Lewis Hamilton has offered his congratulations to... Read More »
8h ago from GPFans.com
Former F1 supremo claims McLaren are sabotaging Oscar...
Former F1 boss Bernie Ecclestone will not back... Read More »
3h ago from GPFans.com
