News Details
Cap cut, gearbox freeze & a one-year deal
Liberty Media had hoped to have the first signature on a new Concorde Agreement in April but that is now on hold with F1's owners considering a one-year option. This year marks the final season of the current Concorde Agreement, the deal that governs Formula 1. Liberty Media has been in negotiations with the teams for several months and had expected to secure the first signature in the coming weeks. That is now on hold as the coronavirus pandemic wrecks havoc around the globe, including on the sporting world. Losing money as one by one races are cancelled or postponed, the Formula 1 teams are said to have switched to survival mode. 'Before any team signs up for five years, we all need to...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
One-year Concorde for 2021 possible - report
Mar.31 Negotiations over the 2021 Concorde Agreement have been put on...
5y ago from OneStopStrategy.com
AMS: 'Liberty and FIA are now even considering a...
The new Concorde agreement has still not been signed by all teams. At the...
5y ago from GPBlog.com
Ferrari will be able to reopen the doors of the...
All Formula 1 teams will have to close their factory completely for three...
5y ago from GPBlog.com
'Red Bull and Ferrari discover how Mercedes engine and...
According to Auto, Motor und Sport, the discussions about a new Concorde...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia on dominant MotoGP start: 'Ducati isn’t...
No description available...
15h ago from Motorsport.com
Fermin Aldeguer to attempt MotoGP comeback in Brazil...
No description available...
16h ago from Motorsport.com
Davide Tardozzi: Ducati 'slapped in the face' by...
No description available...
1d ago from Motorsport.com
MotoGP: Qatar GP ‘unlikely', but a ‘plan...
MotoGP Sports Entertainment Group has admitted that the Qatar Grand Prix...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Chip Ganassi praises current health of IndyCar
Long-time team owner Chip Ganassi feels IndyCar is currently in one of...
6h ago from MotorsportWeek.c...
Andretti boss: “I don’t think anything’s a...
No description available...
10h ago from Motorsport.com
Winners and losers from the 2026 IndyCar season-opener...
No description available...
2d ago from Motorsport.com
Mick Schumacher’s IndyCar debut returns him to the...
Mick Schumacher began his IndyCar career this past weekend, competing in...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Hyundai WRC team is "working at 120 per...
No description available...
11h ago from Motorsport.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
2d ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Saka responds to criticism of Arsenal by insisting...
t;li>Forward says all that matters is they keep winningSaka unconcerned...
6h ago from TheGuardian.com
Arsenal are looking to sign 30m German after 'glowing'...
Arsenal are reportedly interested in signing the Werder Bremen defender...
8h ago from CaughtOffside.com
Chelsea legend John Terry makes Arsenal PL title...
Chelsea legend John Terry believes Arsenal have all but sealed the Premier...
8h ago from SportsKeeda.com
22-G/A this season: Liverpool looking to sign...
Liverpool is interested in signing Federico Dimarco from Inter Milan...
8h ago from CaughtOffside.com
Comments
Hottest News
F1 2026 Australian Grand Prix – FP1 results
Charles Leclerc led a Ferrari 1-2 in the first... Read More »
2h ago from MotorsportWeek.com
LIVE: 2026 F1 Australian Grand Prix - Free Practice 2
Follow all the live action from Free Practice 2... Read More »
31m ago from RacingNews365.com
LIVE F1: 2026 Australian Grand Prix - Free Practice 1
Follow all the live action from Free Practice 1... Read More »
3h ago from RacingNews365.com
