Vital F1 - F1 teams discuss new Concorde Agreement
Vital Login
Social Login

Other Sites

Network Navigation

Vital Partners

'If It's F1, It's Vital'

F1 teams discuss new Concorde Agreement

The politics away from the track in Formula One will always grab the headlines from time to time.

It usually involves teams trying to thrash out a deal for a new Concorde Agreement or in recent times it will involve the Resource Restriction Agreement [RRA].

The latest talks involve both and when eventually agreed, will be used from next season and right through to 2020.

The talks are crucial in regards to how the sport will be governed over the next few years with the FIA putting forward proposals on entry fees, cost control and a new governance structure.

Obviously all the teams will have their own views, depending on which part of the grid they operate from and whether or not they are a manufacturer or a team.

For example Mercedes and Ferrari might want one thing as a team and engine manufacturer, whilst McLaren and Red Bull are likely to want another.

The politics then take centre stage over which teams will compromise first in order for an agreement to be reached.

At the moment, it looks like there is a bit of stalemate going on with a new deal unlikely to be agreed before the end of the current season.

All the Formula One teams, FIA president Jean Todt and F1 supremo Bernie Ecclestone met in Paris on Monday and talks remain ongoing, no agreements were met, but things according to the FIA at least, appear to be positive.

'All the participants in the meeting were encouraged to seek clarification which resulted in a fruitful and helpful debate on how the new structure would operate in 2013 and beyond,' the FIA said in a statement.

'A further important step has been achieved today to secure the future of the F1 World Championship which should lead to a final settlement to be reached between the FIA, the Commercial Rights Holder and the Teams in the coming weeks.'

However despite the positive statement there are clear divides amongst the teams. Neither Red Bull or Toro Rosso were invited to a recent team principals meeting in Japan.

Red Bull are in disagreement with other teams regarding the regulation of the RRA agreement and in particular a limit on engine spending.

One proposal is for the FIA to regulate the RRA and make sure teams keep to the correct budgets, while Red Bull believe this will simply not work and tighter regulations are required in regards to chassis and engines to lower costs.

'Our view has always been that an RRA isn't an effective way of controlling costs if you only pick on certain elements, You have got areas of exclusion, and you have got different corporate entities that operate the ownership of their teams in different ways.' Red Bull boss Christian Horner told Autosport Magazine.

'What we have always said is that we want something transparent and all-encompassing. Certainly the RRA, the chassis RRA as it has been previously discussed, does not achieve that.

'If it were to include the engine it becomes more interesting. But our principal belief is that stability in the rules is the best way to control costs, because we can see stable rules have allowed many teams and independent teams to be competitive in current F1.

'It is therefore our firm belief that stable technical and sporting regulations are the best way of controlling costs as opposed to a resource restriction that does not treat all parties with parity.'











Join Vital F1

It's easy to join up and join in on VitalF1.com, simply click the link and enjoy getting involved!

If you are already a member of Vital Football, your logins will automatically work on VitalF1.com!

The Journalist

Writer: Red5 Mail feedback, articles or suggestions

Date:Wednesday October 24 2012

Time: 12:00PM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Vital F1 Articles

McLaren drivers getting frustrated? (Friday August 28 2015)

Ferrari do not want fight with Pirelli (Thursday August 27 2015)

Hamilton delight at qualifying form (Wednesday August 26 2015)

Blog: Belgian GP Report (Monday August 24 2015)

2015 - Belgian GP- Race (Sunday August 23 2015)

2015 - Belgian GP - Qualifying (Sunday August 23 2015)

2015 - Belgian GP - FP3 (Sunday August 23 2015)

2015 - Belgian GP - FP2 (Friday August 21 2015)

2015 - Belgian GP - FP1 (Friday August 21 2015)

Raikkonen retains seat at Ferrari (Thursday August 20 2015)

Blog: Spa Preview (Wednesday August 19 2015)

Who will win the Belgium Grand Prix? (Tuesday August 18 2015)

Stevens pleased with Manor season (Friday August 14 2015)

Toro Rosso takeover talks over (Thursday August 13 2015)

Toro Rosso should push on (Monday August 10 2015)

Money means nothing to Ricciardo (Friday August 7 2015)

Honda to spend tokens (Thursday August 6 2015)

Force India investigate failures (Wednesday August 5 2015)

McLaren oppose testing plans (Tuesday August 4 2015)

Double podium for Red Bull Racing (Thursday July 30 2015)

Vettel dedicates victory to Bianchi (Wednesday July 29 2015)

Blog: Hungarian GP Report (Monday July 27 2015)

2015 Hungary GP - Race (Sunday July 26 2015)

Blog: Hungaroring Qualifying (Saturday July 25 2015)

2015 Hungary GP - Qualifying (Saturday July 25 2015)

2015 Hungary GP - FP3 (Saturday July 25 2015)

2015 - Hungary GP - FP2 (Friday July 24 2015)

2015 - Hungary GP - FP1 (Friday July 24 2015)

Drivers mourn at Bianchi's funeral (Wednesday July 22 2015)

Blog: Hungaroring Preview (Tuesday July 21 2015)

Who will win in Hungary? (Tuesday July 21 2015)

Chilton dedicates win to Bianchi (Monday July 20 2015)

Jules Bianchi dies aged 25 (Saturday July 18 2015)

McLaren trying to unlock potential (Thursday July 16 2015)

Red Bull lack patience (Wednesday July 15 2015)

Button's future up in the air (Friday July 10 2015)

Hamilton wants more control (Thursday July 9 2015)

Mercedes to power Red Bull Racing? (Wednesday July 8 2015)

Blog: British GP Report (Tuesday July 7 2015)

Records fall for Hamilton (Monday July 6 2015)

2015 - British GP - Race result (Sunday July 5 2015)

Blog: Silverstone Qualifying (Sunday July 5 2015)

2015 - British GP - Qualifying (Saturday July 4 2015)

2015 - British GP - FP3 (Saturday July 4 2015)

2015 - British GP - FP2 (Friday July 3 2015)

2015 - British GP - FP1 (Friday July 3 2015)

Hamilton calls for better trophies (Thursday July 2 2015)

Blog: Silverstone Preview (Wednesday July 1 2015)

Pirelli to request more F1 tests (Tuesday June 30 2015)

New contract for Horner (Monday June 29 2015)

F1 teams are all talk says Todt (Monday June 29 2015)

Formula 1 v Formula E (Monday June 29 2015)

Positive test for McLaren (Friday June 26 2015)

Mosley praise for Ecclestone (Thursday June 25 2015)

Red Bull to sack Horner? (Wednesday June 24 2015)

Angry Mateschitz (Tuesday June 23 2015)

Blog: Austrian GP Report (Sunday June 21 2015)

2015 Austrian GP - Race (Sunday June 21 2015)

Blog: Red Bull Ring Qualifying (Saturday June 20 2015)

Four drivers hit with penalties (Saturday June 20 2015)

2015 Austrian GP - Qualifying (Saturday June 20 2015)

2015 Austrian GP - FP3 (Saturday June 20 2015)

2015 Austrian GP - FP2 (Friday June 19 2015)

2015 Austrian GP - FP1 (Friday June 19 2015)

Italian Grand Prix to alternate? (Thursday June 18 2015)

Will Michelin return to Formula One? (Thursday June 18 2015)

Blog: Red Bull Ring Preview (Wednesday June 17 2015)

Who will win in Austria? (Tuesday June 16 2015)

Hulkenberg wins Le Mans (Monday June 15 2015)

Head knighted (Monday June 15 2015)

Archived Vital F1 Articles

List All Vital F1 Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. Red5 1057
2. DJ 970
3. The Fear 773
4. Villaininthemerde 612
5. johnkelv 583
6. Druss_the_Legend 541
7. Push The Button 461
8. col8 334
9. The Intimidator 167
10. __villa__ 145

Current Site Poll (view all polls)

Who will win in Belgium?
Hamilton 45%
Rosberg 8%
Vettel 2%
Raikkonen 35%
Bottas 2%
Massa 0%
Someone else 8%