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A new Concorde Agreement may be on the horizon - The FIA and Bernie are doing business again

Published by Christine

A new Concorde Agreement may be on the horizon
A new Concorde Agreement may be on the horizon audio waveform

This is F1Minute for the 23rd June 2008.

It’s being reported that the FIA may be interested in a new Concorde Agreement but only if Bernie accepts some changes. Apparently the new deal would be in place if Bernie ups the share of F1 revenue given to the teams. For promotional revenues, it could go up from 75 to 92 per cent, and for TV earnings from 50 to 67. It looks like the proposal was submitted to Mr Ecclestone last year, and so far has garnered no response. Within the paddock, however, teams aren’t really in on the deal. Mario Theissen says the new Concorde Agreement isn’t just about money, but of course, they wouldn’t turn it down.

Elsewhere, after the exhaust incident in France this weekend, it looks as though Räikkönen will need an engine change ahead of the British GP, but he won’t receive a penalty. Ferrari will be able to cash in on the one freebie engine rule.

Finally, the San Marino Grand Prix has been missing off the calendar for a couple of years now, but the Imola circuit has received certification from the FIA so they can now host F1 tests.

That’s all for today, please join me again tomorrow for another F1Minute.