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

Problems for McLaren Honda continue (Thursday November 27 2014)

Successful season for Williams (Wednesday November 26 2014)

McLaren Honda manage 3 laps (Wednesday November 26 2014)

Caterham takeover complete 'in weeks' (Wednesday November 26 2014)

Audio: Abu Dhabi Recap (Tuesday November 25 2014)

Force India confirm Perez place (Tuesday November 25 2014)

Wolff praises Mercedes team-mates (Monday November 24 2014)

Greatest day for Hamilton (Monday November 24 2014)

Rosberg wins friends in defeat (Monday November 24 2014)

Blog: Abu Dhabi GP Report (Sunday November 23 2014)

2014 - Abu Dhabi - Race (Sunday November 23 2014)

Blog: Abu Dhabi Qualifying (Saturday November 22 2014)

Red Bull DQ'd from Abu Dhabi Qualifying (Saturday November 22 2014)

2014 - Abu Dhabi - Qualifying (Saturday November 22 2014)

2014 - Abu Dhabi - FP3 (Saturday November 22 2014)

2014 - Abu Dhabi - FP2 (Friday November 21 2014)

2014 - Abu Dhabi - FP1 (Friday November 21 2014)

Audio: Hamilton v Rosberg - The Decider (Friday November 21 2014)

Caterham receive helping hand from Bernie (Thursday November 20 2014)

Grosjean to remain with Lotus (Thursday November 20 2014)

Bianchi 'out of coma' (Wednesday November 19 2014)

McLaren delay line-up announcement (Wednesday November 19 2014)

Ecclestone to hold talks with teams (Wednesday November 19 2014)

Force India hands Palmer chance to impress (Wednesday November 19 2014)

Chilton to join Caterham? (Tuesday November 18 2014)

Carlos Sainz Jr to test for Red Bull (Tuesday November 18 2014)

Kobayashi retains seat for Abu Dhabi (Monday November 17 2014)

Who will win in Abu Dhabi? (Monday November 17 2014)

Caterham will return in Abu Dhabi (Friday November 14 2014)

Wolff plays down engine war fears (Friday November 14 2014)

Honda to debut new engine (Friday November 14 2014)

Ericsson terminates Caterham deal (Thursday November 13 2014)

Button not chasing big bucks (Wednesday November 12 2014)

Horner threatens engine war (Wednesday November 12 2014)

Alonso to sign £25million deal (Tuesday November 11 2014)

Record setting day for Mercedes (Monday November 10 2014)

Hamilton reflective (Monday November 10 2014)

Fantastic weekend for Rosberg (Monday November 10 2014)

Blog: Brazilian GP Report (Monday November 10 2014)

2014 - Brazil - Race (Sunday November 9 2014)

Blog: Interlagos Qualifying (Sunday November 9 2014)

2014 - Brazil - Qualifying (Saturday November 8 2014)

2014 - Brazil - FP3 (Saturday November 8 2014)

2014 - Brazil - FP2 (Friday November 7 2014)

Marussia cease trading (Friday November 7 2014)

2014 - Brazil - FP1 (Friday November 7 2014)

Button on the brink (Friday November 7 2014)

All change at Sauber as Nasr joins (Thursday November 6 2014)

Caterham aiming for Abu Dhabi return (Thursday November 6 2014)

Formula One's financial crisis (Wednesday November 5 2014)

Blog: The perils of the Party of Five (Tuesday November 4 2014)

Ericsson makes Sauber switch (Tuesday November 4 2014)

Blog: United States GP Report (Tuesday November 4 2014)

Alonso edges closer to McLaren return (Monday November 3 2014)

Hamilton proud to hold British record (Monday November 3 2014)

Perez handed seven-place grid drop (Monday November 3 2014)

Rosberg not giving up on title quest (Monday November 3 2014)

Vergne demoted to tenth (Monday November 3 2014)

Who will win in Brazil? (Monday November 3 2014)

2014 - United States - Race (Sunday November 2 2014)

Blog: Austin Qualifying (Sunday November 2 2014)

2014 - United States - Qualifying (Saturday November 1 2014)

2014 - United States - FP3 (Saturday November 1 2014)

2014 - United States - FP2 (Friday October 31 2014)

2014 - United States - FP1 (Friday October 31 2014)

FIA question 'economic balance' in F1 (Friday October 31 2014)

Vettel prepared for engine penalty (Thursday October 30 2014)

Gap is too big in F1 says Fernandes (Thursday October 30 2014)

Button would welcome Alonso challenge (Wednesday October 29 2014)

Switch to Mercedes good for Lotus (Wednesday October 29 2014)

Marussia could be saved (Tuesday October 28 2014)

Ferrari and Mercedes at loggerheads (Monday October 27 2014)

Marussia go into administration (Monday October 27 2014)

Who will win the US Grand Prix? (Monday October 27 2014)

Five-year plan for Haas? Survival (Friday October 24 2014)

Caterham saga: Fernandes hits out (Friday October 24 2014)

Caterham on brink of turmoil (Thursday October 23 2014)

Sam Michael to quit F1 (Thursday October 23 2014)

Hulkenberg to stay with Force India (Tuesday October 21 2014)

Pirelli change selection for Brazil (Tuesday October 21 2014)

Blog: Mercedes reaps what it sows (Monday October 20 2014)

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 1029
2. DJ 907
3. The Fear 771
4. Villaininthemerde 612
5. johnkelv 573
6. Druss_the_Legend 528
7. Push The Button 441
8. col8 334
9. The Intimidator 155
10. __villa__ 145

Current Site Poll (view all polls)

Where will Jenson Button be in 2015
In F1 with McLaren 10%
In F1 but not with McLaren 84%
WEC 5%
Triathlon's 0%
On a beach 1%