News Details
Carey: Goal is to create long-term partnerships with teams
Formula 1 chief Chase Carey is determined to negotiate a fairer and more transparent distribution of wealth system than currently exists with the Concorde Agreement, with the goal of establishing long term partnerships that benefit all teams equally. Carey told media, 'We have the infamous document called the Concorde Agreement. 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 partnership, not a partnership that sort has a point in time that you go out and renegotiate the next eight-year partnership, that there's a continuum.' The current...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
Carey keen to replace "infamous" Concorde...
F1 boss Chase Carey says he doesn't want to negotiate a new Concorde...
8y ago from Motorsport.com
Carey set to scrap Concorde Agreement in favour of...
Chase Carey wants to create an F1 culture where everyone is pulling...
8y ago from TheCheckeredFlag....
Carey wants to axe Concorde Agreement
F1 boss Chase Carey believes the Concorde Agreement should not be renewed...
8y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
What was behind Enea Bastianini's worst season in...
No description available...
1h ago from Motorsport.com
Fernando Alonso: No normal person could achieve what...
No description available...
1d ago from Motorsport.com
Motorsport Week's Top 10 MotoGP riders of 2025
The 2025 MotoGP season had it all. With 22 rounds and 44 races, the...
3d ago from MotorsportWeek.c...
MotoGP breaks attendance records in 2025; only two...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
1w ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026: Full route, schedule and marathon stage...
No description available...
2d ago from Motorsport.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
4d ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
'We have to be actively looking' | Arteta open to...
Arsenal head coach Mikel Arteta refuses to rule out making any signings in...
1h ago from SkySports.com
Arteta wants every team to ‘suffer’ at Arsenal...
t;li>Aston Villa snatched last-gasp win earlier in DecemberArteta:...
1h ago from TheGuardian.com
Arteta: Arsenal will be 'actively looking' for January...
Mikel Arteta insists Arsenal must be prepared to act in the January...
1h ago from SkySports.com
Gary Lineker identifies problem with Bukayo Saka...
Former England international Gary Lineker has identified what he believes...
2h ago from SportsKeeda.com
Comments
Hottest News
F1 team bosses choose top 10 drivers from 2025
F1 team principals have voted for their top 10... Read More »
1h ago from RacingNews365.com
Why Steiner was blown away by one F1 rookie’s season
Guenther Steiner doesn’t hand out praise... Read More »
1h ago from F1i.com
Ford reveals where Red Bull has small deficit with 2026 F1...
Ford has conceded that there is "some... Read More »
44m ago from MotorsportWeek.com
