Bojan Vrbnjak
February of the royal class of motorsport they have so far stopped negotiations for a new one Concorde agreement. The first man of Formula 1, Chase carey is in conversation with investors from Wall Street confirmed that they had put this topic in the background during the coronavirus crisis, as they wanted to take care of the acute problems Formula 1.
That means it could be the season Formula 1 2021 also took place without the Concorde agreement. "We were in the final stages of the new Concorde agreement, but the coronavirus crisis turned everything upside down,” he says Tortoiseshell and points out that they have set priorities for the problems of the 2020 season. “As we make progress on the 2020 season calendar and discuss policy changes with the teams, then we will also make sure to finalize the Concorde agreement.“But the American is not planning easy renewal of contracts, which expires at the end of this year.
Instead, it could happen new agreement, also without the consent of the teams. "You could simply decide one-sidedly and say, 'These are the rules and this is the structure.' We don't have to offer anything," so Tortoiseshell, who adds in the same breath that this is of course not the way they want to work with teams. formula 1 is either way for the season 2021 planned new financial regulations. On the one hand, revenues are expected to be higher fairly divided, on the other hand, would be with a budget ceiling limited expenditure. As is well known, an “agreement” in the amount was last concluded $ 145 million.
But even that amount yet not definitively adopted, and it is Tortoiseshell optimistic and believes this will happen soon - although it will be for big teams like Ferrari, Mercedes ali Red Bull greater challenge. “I’m sure some teams are under pressure because they have to make huge changes to keep that budget ceiling. However, I think everyone agrees that the goal of this border is something we all share and that will help make the sport better for all fans and participants," so Tortoiseshell.
But first they have to too to provideto make the sport of the year 2021 it still looked the way they had imagined it four months ago. “We believe that the support and interest of fans and partners will allow us to get back to where we were. However, I do not want to say that this will not have any lasting effect," Ends American.
