Tag: commercial rights

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Marussia inks deal with Ecclestone

Marussia announced that it has finally signed a deal with Bernie Ecclestone as the remaining to do so. The Formula 1 boss has signed...

FIA approve Pirelli, gain tender authority over F1

The World motor Sport Council announced a new Concorde Agreement and a revised 2014 calendar but there was also another announcement that is of...

Formula 1, FIA sign Concorde Agreement

The Formula 1 Group and the FIA have finally signed the long-overdue Concorde Agreement meaning that they are just one step away from an...

FIA get serious about cutting costs in F1

If you’ve ever created a personal budget, you know that cutting costs can be difficult. If your local town, city or state government were...

F1’s world of tires, votes and money

Formula 1 has traditionally been operated in the penumbra of a document called the Concorde Agreement. This legally-binding document ties the teams, the commercial...

Williams F1 loses £5.0m in 2012

A balance sheet only looks realistic when you include all revenues and all expenses. According to Williams F1, the 2012 year saw a loss...

FIA says Concorde Agreement talks are ‘positive’… with sideburns

The FIA says that negotiations for the Concorde Agreement are moving along and that they foresee a signed agreement by the teams, commercial rights...

Who invited Lauda to the meeting?

The FIA met with the teams and the commercial rights holder (Bernie Ecclestone) this week to discuss the future of the sport. The Concorde Agreement is the cement...

Litigation turns ugly in Austin GP saga

The Circuit of the Americas has released the following statement regarding a lawsuit filed by Kevin Schwantz. The issue stems over what Schwantz claims as the legal promotional...