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Carey keen to replace "infamous" Concorde Agreement
F1 boss Chase Carey says he doesn't want to negotiate a new Concorde Agreement with the teams when the current one runs out in 2020 – and would prefer to set up a new form of open-ended "partnership." All efforts by the sport's new owner Liberty will be constrained by the current agreement for the next three years, but Carey is keen to replace it with a system that is less contentious. "We have the infamous document called the Concorde Agreement," said Carey. "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...
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8y ago from Motorsport.com
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