F1 »

Concorde Agreement talks 'constructive'

FIA reports 'constructive' meeting with teams and Bernie Ecclestone as self-imposed deadline for finalising new Concorde Agreement looms.
Motorsport's governing body is confident that strides have been made towards finalising a new version of the Concorde Agreement, the document that sets out how F1 operates.

FIA president Jean Todt, Bernie Ecclestone and representatives of all twelve teams met in Paris on Monday [22 October] to discuss various issues facing F1 in the short-term and, despite the self-imposed deadline of late October looking unlikely, the governing body described the talks as 'constructive', although the official statement sent out after the event provided little more in the way of detail.

"During a constructive meeting, Jean Todt, the FIA president, in co-operation with Bernie Ecclestone, the commercial rights holder, has presented to all F1 team principals the new structure of governance, including the new conditions of entry for the Concorde Agreement, starting in 2013," the missive read, "All the participants in the meeting were encouraged to seek clarification which resulted in a fruitful and helpful debate on how the new structure would operate in 2013 and beyond.

"A further important step has been achieved today to secure the future of the F1 world championship which should lead to a final settlement to be reached between the FIA, the commercial rights holder and the teams in the coming weeks."

In addition to the talks surrounding the new Concorde Agreement, the various parties also discussed the thorny subject of cost-cutting, with several concepts apparently being put forward for consideration.



Related Pictures

Click on relevant pic to enlarge
22.09.2012 - Bernie Ecclestone (GBR), President and CEO of Formula One Management signs the condoliance book condolences for the late Sid Watkins (GBR) Former FIA Safety Delegate
24.06.2012- Race, Jean Todt (FRA), President FIA
14.10.2012- Race, Start of the race, Sebastian Vettel (GER) Red Bull Racing RB8 and Mark Webber (AUS) Red Bull Racing RB8
30.04.2017 - Race, Daniil Kvyat (RUS) Scuderia Toro Rosso STR12 and Jean Todt (FRA), President FIA
0.04.2017 - Race, Jean Todt (FRA), President FIA
0.04.2017 - Race, Jean Todt (FRA), President FIA
30.04.2017 - Race, Boris Rotenberg (RUS) SMP Bank and SGM Group Co-Owner and Mika Salo (FIN), FIA Steward
30.04.2017 - Race, Bernd Maylander (GER) FIA Safety Car Driver
30.04.2017 - Bernie Ecclestone (GBR) and his wife Fabiana Flosi (BRA)
29.04.2017 - Qualifying, Dmitry Kozak (RUS) Deputy Prime Minister of the Russian Federation and Bernie Ecclestone (GBR)
29.04.2017 - Qualifying, Dmitry Kozak (RUS) Deputy Prime Minister of the Russian Federation and Bernie Ecclestone (GBR)
29.04.2017 - Qualifying, Dmitry Kozak (RUS) Deputy Prime Minister of the Russian FederationBernie Ecclestone (GBR)
29.04.2017 - Kimi Raikkonen (FIN) Scuderia Ferrari SF70H and Mika Salo (FIN), FIA Steward
28.04.2017 - The FIA Press Conference (L to R): Otmar Szafnauer (USA) Sahara Force India F1 Chief Operating Officer; Mario Isola (ITA) Pirelli Racing Manager; Matt Morris (GBR) McLaren Engineering Director.
28.04.2017 - The FIA Press Conference (L to R): Nick Chester (GBR) Renault Sport F1 Team Chassis Technical Director; Luigi Fraboni (ITA) Ferrari Head of Engine Trackside Operations; Yusuke Hasegawa (JPN) Head of Honda F1 Programme.
28.04.2017 - Free Practice 2, Bernie Ecclestone (GBR) and his wife Fabiana Flosi (BRA)
28.04.2017 - Free Practice 2, Bernie Ecclestone (GBR) and his wife Fabiana Flosi (BRA)
28.04.2017 - Free Practice 2, Bernie Ecclestone (GBR) and the media

Join the conversation - Add your comment

Please login or register before adding your comments.

Although the administrators and moderators of this website will attempt to keep all objectionable comments off these pages, it is impossible for us to review all messages. All messages express the views of the poster, and neither Crash Media Group nor Crash.Net will be held responsible for the content of any message. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. If you find a message objectionable, please contact us and inform us of the problem or use the [report] function next to the offending post. Any message that does not conform with the policy of this service can be edited or removed with immediate effect.




© 1999 - 2017 Crash Media Group

The total or partial reproduction of text, photographs or illustrations is not permitted in any form.