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

Ferrari to take another step forward (Wednesday April 22 2015)

Ferrari to keep Kimi waiting (Tuesday April 21 2015)

Blog: Bahrain GP Report (Monday April 20 2015)

2015 - Bahrain GP - Race (Sunday April 19 2015)

Blog: Sakhir Qualifying (Saturday April 18 2015)

2015 - Bahrain GP - Qualifying (Saturday April 18 2015)

2015 - Bahrain GP - FP3 (Saturday April 18 2015)

2015 - Bahrain GP - FP2 (Friday April 17 2015)

2015 - Bahrain GP - FP1 (Friday April 17 2015)

Rosberg hits reset button (Thursday April 16 2015)

Blog: Sakhir Preview (Thursday April 16 2015)

Merc set for team-orders? (Wednesday April 15 2015)

Ferrari can win the title says Kimi (Wednesday April 15 2015)

Who will win in Bahrain? (Tuesday April 14 2015)

Blog: Chinese GP Report (Sunday April 12 2015)

2015 - China GP - Race (Sunday April 12 2015)

Blog: Shanghai Qualifying (Saturday April 11 2015)

2015 - China GP - Qualifying (Saturday April 11 2015)

2015 - China GP - FP3 (Saturday April 11 2015)

2015 - China GP - FP2 (Friday April 10 2015)

2015 - China GP - FP1 (Friday April 10 2015)

Blog: Shanghai Preview (Wednesday April 8 2015)

Points will flow for Lotus? (Tuesday April 7 2015)

Who will win in China? (Tuesday April 7 2015)

Manor Marussia on track to recovery (Thursday April 2 2015)

Audio: Post Malaysia (Wednesday April 1 2015)

All options open for Renault (Tuesday March 31 2015)

Blog: Malaysian GP Report (Monday March 30 2015)

2015 - Mal GP - Race (Sunday March 29 2015)

Blog: Sepang Qualifying (Saturday March 28 2015)

2015 - Mal GP - Qualifying (Saturday March 28 2015)

2015 - Mal GP - FP3 (Saturday March 28 2015)

2015 - Mal GP - FP2 (Friday March 27 2015)

2015 - Mal GP - FP1 (Friday March 27 2015)

Bottas to avoid surgery (Thursday March 26 2015)

Alonso clears up mystery crash (Thursday March 26 2015)

Alonso and Bottas cleared to drive (Thursday March 26 2015)

Blog: Sepang Preview (Wednesday March 25 2015)

New Hamilton deal all but agreed (Wednesday March 25 2015)

Bottas hopeful of return (Tuesday March 24 2015)

Alonso to travel to Malaysia (Monday March 23 2015)

Who will win in Malaysia? (Thursday March 19 2015)

2015 - Aus GP - Race result (Sunday March 15 2015)

Blog: Australian GP Report (Sunday March 15 2015)

Blog: Melbourne Qualifying (Saturday March 14 2015)

2015 - Aus GP - Qualifying result (Saturday March 14 2015)

2015 - Aus GP - FP3 result (Saturday March 14 2015)

Van der Garde drops Sauber dispute (Saturday March 14 2015)

Sauber boss could face prison (Friday March 13 2015)

2015 - Aus GP - FP2 result (Friday March 13 2015)

2015 - Aus GP - FP1 result (Friday March 13 2015)

Jordan to auction cars for charity (Thursday March 12 2015)

Blog: Melbourne Preview (Thursday March 12 2015)

Sauber lose van der Garde appeal (Thursday March 12 2015)

Hass will be ready for 2016 debut (Wednesday March 11 2015)

Hamilton resists Ferrari approaches (Tuesday March 10 2015)

2015 Formula One Drivers (Tuesday March 10 2015)

2014 F1 Driver Standings (Tuesday March 10 2015)

2014 F1 Constructor Standings (Tuesday March 10 2015)

Marussia cleared to race (Friday March 6 2015)

Lotus pleased with steps forward (Friday March 6 2015)

Alonso woke up in 1995 (Friday March 6 2015)

Alonso to miss out on Australia (Wednesday March 4 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 1049
2. DJ 946
3. The Fear 771
4. Villaininthemerde 612
5. johnkelv 581
6. Druss_the_Legend 535
7. Push The Button 451
8. col8 334
9. The Intimidator 159
10. __villa__ 145

Current Site Poll (view all polls)

Will Hamilton remain with Mercedes?
Yes 62%
No - Move to Ferrari 38%
No - Move elsewhere 0%