News Details
One-year Concorde for 2021 possible - report
Mar.31 Negotiations over the 2021 Concorde Agreement have been put on ice. Talks about the expiring deal, which crucially regulates the distribution of income and the governance structure, were on track when the coronavirus pandemic struck. Suddenly, there are no races and F1's NASDAQ share price has slumped. "Before any team signs up for five years, we all need to know if we can survive this crisis," an unnamed team boss told Auto Motor und Sport. "There is currently no talk of this topic. There are more important things to do right now." Indeed, the latest talks - set to resume with more teleconferences scheduled for mid April - have been about austerity measures...
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