News Details

Szafnauer: Concorde Agreement needs some work

The Concorde Agreement still needs some fine-tuning before Racing Point will be willing to sign, says team boss Otmar Szafnauer. With the current agreement expiring at the end of this year, Formula 1 is pushing all teams to commit to a new deal that would see a more equitable distribution of revenue and changes to the sport's governance. According to Szafnauer, those changes still need minor improvements before his team is ready to sign. 'The majority of the Concorde to us is fine,' he said. 'But around the edges, there is still a lot of stuff around the periphery that we aren't fine with. 'Maybe another way to say it is there still needs some work for us to agree. So it's not 100%. But...
Full Story »
5y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Mercedes refusing to sign new Concorde Agreement, has...

Mercedes is 'the biggest victim' in Formula 1's latest Concorde Agreement...
5y ago from MotorsportWeek.com

'Mistreated' Mercedes rejects new Concorde Agreement!

Mercedes has rejected F1's latest Concorde Agreement ahead of a looming...
5y ago from F1i.com

Horner: "Everyone will eventually sign the...

The deadline for the Concorde Agreement is 12 August. On that day, all...
5y ago from GPBlog.com

Wolff: We're not ready to sign the Concorde Agreement

Champions Mercedes are not ready to sign Formula 1’s new ‘Concorde...
5y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Kyle Kirkwood’s surprise lunge on Alex Palou...

Kyle Kirkwood took victory in the inaugural Grand Prix of Arlington on...

Rough and tumble weekend dampens Josef Newgarden’s...

Josef Newgarden came into IndyCar's Arlington GP weekend on a high,...

Popular On TotalWRC.com

WRC Rally Scotland brings top tier rallying back to...

The 2027 WRC calendar should have an exciting new event on the calendar:...
22h ago from MotorsportWeek.c...

Popular On GunnersToday.com

'Have to cook at the optimal speed' - Mikel Arteta...

Arsenal boss Mikel Arteta has opened up about comparisons between Lionel...
23m ago from SportsKeeda.com

The race for Premier League Player of the Season:...

As we push through the crucial month of March in the 2025/26 Premier...
2h ago from CaughtOffside.com

Arsenal's next four games will make or break their...

It's no exaggeration to say that the fate of Arsenal's season probably...
1h ago from CaughtOffside.com

Frontrunners Arsenal face intense battle to sign...

According to Calciomercato, AC Milan and Inter Milan are actively...
6h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.