Who is winning the fight for F1's future?
As F1 exploded into life in Melbourne, it emerged that talks to secure a new deal between the teams and Bernie that shapes the sport's future are taking place. But who is the big winner in a potential new Concorde Agreement? Dieter Rencken investigates
Formula 1 generally staves off all important discussions, on whatever subject, until the last possible moment, in the hope that a solution will miraculously present itself. So it has been with negotiations over the renewal/extension of the 2010-2012 Concorde Agreement, which expires at the 2012 season's end.
The team principals swore they had learned from the extremely vitriolic experience that last time took three years to (not) agree the sport's covenant; the one which outlines the obligations of the governing federation (FIA), the commercial rights holder (headed up by Bernie Ecclestone on behalf of capital venture group CVC Partners) and the teams collectively. They indicated that this time they would commence discussions during the winter just gone.
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