The hidden discord of F1's new Concorde
Formula 1 finally has its new Concorde Agreement, but things aren't nearly as straightforward as they appear. DIETER RENCKEN uncovers which party loses out most through the new agreement
As a piece of PR, the press release circulated by the FIA during last Friday's World Motor Sport Council session in Dubrovnik was worth its weight in gold, both politically and commercially: as an over-arching roadmap providing a future direction for Formula 1 for the next eight years through to 2020, the value of its (electronic) paper by far exceeded its substance.
Consider the opening paragraph: The agreement reached by the FIA and the Formula 1 Group in July 2013, setting out the framework for implementation of the Concorde Agreement for the period 2013 - 2020, has now come into force, following the approval of the respective governing bodies of the signatory parties.
To continue reading this feature...
from just $1.50 per week
- Get unlimited access to AUTOSPORT with news and views from the paddock
- Enjoy AUTOSPORT+: subscriber-only analysis, comment and top-quality pictures
- Explore every F1 stat in the world’s best motorsport database
Read this feature right now for just