The Concorde Agreement is a contract between the FIA, the Formula 1 teams and the Formula 1 Administration. The Concorde Agreement gives the details on how the teams race, and how the money is split television revenues and prize money.
There have been six versions of the Agreement since 1981, and the current version ran out at the end of last season. However, the teams haven't been able to agree on the new Concorde Agreement with Bernie Ecclestone and the FIA.
Bernie Ecclestone told ESPN: "We don't need the Concorde Agreement signed, it doesn't matter to me whether we have got the Concorde Agreement or not. The Concorde Agreement is really made up of two sections. We have already dealt with the financial section with the teams. It is all done so it is a case of the regulations, which change all the time. It's a case really of how you change the regulations. What affects the teams more than anything is the technical regulations. It is that which could put them out of business."
The financial side of the deal is sorted according to Ecclestone, but the FIA are believed to be holding things up.
Bernie Ecclestone: "We don't need the Concorde Agreement"
- Published on 27 Jan 2013 12:47
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- By: Danny Sosef
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C. Leclerc
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A. Antonelli
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Formula 1 Calendar - 2026
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Grand Prix
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Spain
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Bahrain
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Bahrain
Formula 1 Calendar - 2026
Date
Grand Prix & Circuit
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Spain
Circuit de Catalunya
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Bahrain
Bahrain International Circuit
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Bahrain
Bahrain International Circuit
6 - Mar 8
Australia
Albert Park
13 - Mar 15
27 - Mar 29
Japan
Circuit Suzuka
10 - Apr 12
Bahrain
Bahrain International Circuit
17 - Apr 19
Saudi Arabia
Jeddah Street Circuit
1 - May 3
United States of America
Miami International Autodrome
22 - May 24
Canada
Gilles Villeneuve
5 - Jun 7
Monaco
Monte Carlo
12 - Jun 14
Spain
Circuit de Catalunya
26 - Jun 28
Austria
Red Bull Ring
3 - Jul 5
United Kingdom
Silverstone
17 - Jul 19
Belgium
Spa-Francorchamps
24 - Jul 26
Hungary
Hungaroring
21 - Aug 23
Netherlands
Circuit Zandvoort
4 - Sep 6
Italy
Monza
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