News Details
Ecclestone: We don't need Concorde Agreement
By Editor on Saturday, January 26, 2013 Bernie Ecclestone has said that Formula One can exist without the need for a Concorde Agreement.
The Concorde Agreement is a contract between the FIA, the Formula One Group and F1 teams regarding the running of the sport.
The previous Concorde Agreement expired at the end of 2012 and has yet to be renewed.
'We don't need the Concorde Agreement signed,' he told NF1. 'It doesn't matter to me whether we have got the Concorde Agreement or not.'
Ecclestone added that financial terms have been agreed with all of the eleven teams to compete in the sport until 2020 and that it is the technical side of the Concorde Agreement that is currently causing the...
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12y ago from F1Zone.net
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