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#1 | |
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New Concorde Agreement
I have noticed that there has been speculation in the press about the next concorde agreement. It has been mentioned here
http://plus.autosport.com/premium/fe...ge-in-f1-2012/ and here inthe last few days http://joesaward.wordpress.com/ It appears that Bernie wants to go back to the days of divide and rule but will that work? The FIA would like to get more money from the sport but not much has been heard from that source in recent times. The teams would like to up their percentage take from about 50% to something like 70% but where will it all finish up. There is also the possibilty of up to 4 or 5 more races in the next few years as well (if the promoters can afford them). |
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#2 | |
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As it says in the article, Bernie can only give the teams no more and no less than any other team would be given. So there's no advantage in jumping the gun to signing any sort of agreement with Bernie. But there may be those that seek to persuade some as to what might be in their own best interests when push comes to shove.
And yes, it does seem like 2012 could be another 'political' year in F1. |
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#3 | ||
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I cant see it being signed - there's no benefit to the teams. They'd be financially much better off without Bernie, so thats whats going to happen. Doesnt help Bernie that we're in a recession as it means the teams need a bigger slice of the commerical pie to fund their activities. My bet is that the teams will take the whole pie and stop paying over the odds to the middleman. This has been coming for years. The main reason the 'breakaway' was stalled a couple of years ago was because the teams figured out that it was easier just to let the Concorde Agreement expire at the end of 2012.
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#4 | ||
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Quote:
My guess is that, after some initial disagreements, a new concorde agreement will be signed by all of the teams before the end of the year. |
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#5 | ||
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My guess is that FOTA was set up to try and counterbalance Bernie. If Bernies no longer around, there is no need for FOTA. The obvious path that this will take is for F1 to be run by the participants with the middle man cut out. Bernies power was totally dependant on him having the rights. Once thats gone, then he's like the wizard of oz - all smoke and mirrors.
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#6 | ||
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#7 | ||
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They will probably want to exit asap for a variety of reasons (see Saward)and will in the near future. The teams could and should buy it but I would agree with Marbot its unlikely they will and nor can they cooperate effectively to run it properly. On the other hand those teams who have a large influential backer could club together to buy a controlling share.... Just imagine what would (could?) happen if one major player held the controlling interest, either a team player or sponsor/backer.... |
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#8 | |
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Ferrari want to keep all the Eoropean classic GPs so I wonder how that will register with Bernie as Ferrari usually gets what Ferrari wants. They also want to see the return of the French GP.
http://www.autosport.com/news/report.php/id/97011 |
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#9 | |
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The slow burn of information coming out of this court case could make life very difficult for BCE.
http://joesaward.wordpress.com/ |
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#10 | |
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Joe Saward belives that Ferrari and Red Bull are about to sign up to a new Concorde deal for their own reasons.
http://joesaward.wordpress.com/ |
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#11 | |
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hmmmm.....this is going to get very interesting in the not too distant future. You'll note that Sky News have been up to their old tricks again.
http://www.crash.net/f1/news/177705/..._promises.html |
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#12 | |
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I wonder if the same story is going round all the media
http://www.autosport.com/news/report.php/id/98192 |
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#13 | ||
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That all depends how long Domenicali will hold his position in the team...
I would hear from Luca first. |
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#14 | |
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It looks like most of the teams have agreed to a new Concorde agreement, including Red Bull, Mclaren & Ferrari.
http://www.formula1.com/news/headlin...2/3/13154.html That was much sooner than I expected. |
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#15 | |
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Mercedes are playing their cards close to their chest but it seems like they are not happy with the terms offered. Bernie is using his old divide and rule tricks. The terms of the new agreement being designed to suit certain teams. It is possible the terms offered could end up with Europe's competition dept.
http://www.autosport.com/news/report.php/id/98347 |
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#16 | |
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Yes, it would appear that Mercedes and Williams' are not happy with the deals Bernie has given them. I think it's mainly for historic reasons. Mercedes haven't had an F1 team for a long while, and Williams' seem to have dropped off the map a bit. But Mercedes has provided engine to F1 teams for a long while now, and Williams' were having no more of a bad patch than Ferrari were having not too long ago.
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#17 | |||
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So... ??? |
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#18 | |
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So Williams' and Mercedes may feel that they're being short changed somewhat in comparison to what some other teams may be receiving from Bernie's big pot of Gold.
Marussia are also wanting the FIA to look at the goings on with the Caterham/Force India IP affair, and for obvious reasons. |
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#19 | |
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It appears that McLaren along with Red Bull & Ferrari are to get seats on the board of F1. This is probably the reason why the teams have agreed to the new deal early.
http://www.pitpass.com/46137-McLaren...on-board-of-F1 |
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#20 | ||
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Board of F1 ? That sounds important.
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#22 | |
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More on the new Concorde agreement. Bernie wants to expand to 24 GP's, thereby increasing revenue. This could cause many logistical and cost problems for the teams and media. At the moment there must be 12 weeks between seasons and a 3 week summer break. It also appears that there must be GP's in certain countries with a minimum number of 50% for Europe and the USA. I think it will be some time before this is signed sealed and delivered.
http://joesaward.wordpress.com/2012/04/24/expanding/ |
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#23 | |
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Last edited by Marbot; 24 Apr 2012 at 16:04. |
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#24 | ||
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#25 | |
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There have been a few mentions in recent times about Mercedes and the new Concorde Agreement. Today Nick Fry was talking about their talks on the subject and how one would imagine CVC would want MNercedes on board when selling shares in F1.
http://www.autosport.com/news/report.php/id/99481 One potential stumbleing block is Mercedes not being offered a seat on F1's board like most of the other top teams as outlined by Pitpass. http://www.pitpass.com/46226-Specula...ounds-Mercedes Their is some background of Mercedes history in top level motorsport that goes back a lot further than Ferrari from Jose Saward. http://joesaward.wordpress.com/2012/...rcedes-and-f1/ This one looks like backing Bernie into a corner with he and CVC with most to lose if Mercedes are not signed up as it is not only the team involved but there is also an engine supply to others as well. It will be interesting who wins in the end. |
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Thread | Thread Starter | Forum | Replies | Last Post |
Concorde Agreement signed ! | Marbot | Formula One | 11 | 3 Aug 2009 16:38 |
Teams set up association for concorde agreement. | Marbot | Formula One | 16 | 11 Sep 2008 19:52 |
Concorde Agreement leaked onto the web... | Sodemo | Formula One | 1 | 16 Dec 2005 22:47 |
Williams sign up to Concorde Agreement | Halsey | Formula One | 24 | 9 Dec 2005 16:18 |