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

2017 Azerbaijan GP - FP2 (Friday June 23 2017)

2017 Azerbaijan GP - FP1 (Friday June 23 2017)

Blog: Baku Preview (Thursday June 22 2017)

F1 too boring for Malaysia (Wednesday June 21 2017)

Who will win in Baku? (Monday June 19 2017)

Kvyat rant at 'circus' stewarding (Thursday June 15 2017)

Merc hit Ferrari with heavy blow (Tuesday June 13 2017)

Blog: Canadian GP Report (Monday June 12 2017)

2017 Canada GP - Race (Sunday June 11 2017)

Blog: Montreal Qualifying (Sunday June 11 2017)

2017 Canada GP - Qualifying (Saturday June 10 2017)

2017 Canada GP - FP3 (Saturday June 10 2017)

2017 Canada GP - FP2 (Friday June 9 2017)

2017 Canada GP - FP1 (Friday June 9 2017)

Formula One season set to expand (Thursday June 8 2017)

Blog: Montreal Preview (Tuesday June 6 2017)

Who will win in Canada? (Monday June 5 2017)

Youngster set to return to F1 (Friday June 2 2017)

Mercedes war with Ferrari not over (Wednesday May 31 2017)

All talk on Ferrari (Tuesday May 30 2017)

Blog: Monaco GP Report (Monday May 29 2017)

2017 Monaco GP - Race (Sunday May 28 2017)

Blog: Monaco Qualifying (Saturday May 27 2017)

2017 Monaco GP - Qualifying (Saturday May 27 2017)

2017 Monaco GP - FP3 (Saturday May 27 2017)

2017 Monaco GP - FP2 (Thursday May 25 2017)

2017 Monaco GP - FP1 (Thursday May 25 2017)

Blog: Monaco Preview (Wednesday May 24 2017)

Who will win in Monaco? (Monday May 22 2017)

Blog: Spanish GP Report (Monday May 15 2017)

2017 Spain GP - Race (Sunday May 14 2017)

Blog: Barcelona Qualifying (Saturday May 13 2017)

2017 Spain GP - Qualifying (Saturday May 13 2017)

2017 Spain GP - FP3 (Saturday May 13 2017)

2017 Spain GP - FP2 (Friday May 12 2017)

2017 Spain GP - FP1 (Friday May 12 2017)

Blog: Barcelona Preview (Thursday May 11 2017)

Who will win in Spain? (Monday May 8 2017)

Track upgrades for Montreal (Wednesday May 3 2017)

Blog: Russian GP Report (Monday May 1 2017)

2017 Russia GP - Race (Sunday April 30 2017)

Blog: Sochi Qualifying (Saturday April 29 2017)

2017 Russia GP - Qualifying (Saturday April 29 2017)

2017 Russia GP - FP3 (Saturday April 29 2017)

2017 Russia GP - FP2 (Friday April 28 2017)

2017 Russia GP - FP1 (Friday April 28 2017)

Blog: Sochi Preview (Wednesday April 26 2017)

Who will win in Russia? (Monday April 24 2017)

Grid penalty for Sainz in Russia (Thursday April 20 2017)

Mercedes to implement team orders? (Wednesday April 19 2017)

Blog: Bahrain GP Report (Monday April 17 2017)

2017 Bahrain GP - Race (Sunday April 16 2017)

Blog: Sakhir Qualifying (Saturday April 15 2017)

2017 Bahrain GP - Qualifying (Saturday April 15 2017)

2017 Bahrain GP - FP3 (Saturday April 15 2017)

2017 Bahrain GP - FP2 (Friday April 14 2017)

2017 Bahrain GP - FP1 (Friday April 14 2017)

Blog: Sakhir Preview (Wednesday April 12 2017)

Who will win in Bahrain? (Tuesday April 11 2017)

Hamilton loving battle with Vettel (Tuesday April 11 2017)

Blog: Chinese GP Report (Monday April 10 2017)

2017 China GP - Race (Sunday April 9 2017)

Blog: Shanghai Qualifying (Saturday April 8 2017)

2017 China GP - Qualifying (Saturday April 8 2017)

2017 China GP - FP3 (Saturday April 8 2017)

2017 China GP - FP2 (Friday April 7 2017)

2017 China GP - FP1 (Friday April 7 2017)

Blog: Shanghai Preview (Wednesday April 5 2017)

Honda to supply Sauber? (Wednesday April 5 2017)

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. DJ 1146
2. Red5 1117
3. The Fear 773
4. Villaininthemerde 612
5. johnkelv 600
6. Druss_the_Legend 587
7. Push The Button 503
8. col8 334
9. The Intimidator 207
10. VanGisbergen2013 159

Current Site Poll (view all polls)

Who will win in Azerbaijan?
Hamilton 26%
Bottas 3%
Vettel 55%
Raikkonen 3%
Verstappen 7%
Ricciardo 3%
Someone else 3%