News Details

Mercedes now ready to sign new Concorde Agreement

What a difference a week makes. Seven days ago, as 'duct-gate' erupted, further signs of a summer of discontent emerged when Toto Wolff said he was not ready to sign the new Concorde Agreement. At the time the Austrian said he was 'not ready' to sign and instead though it best that the current agreement be extended. While Wolff is understood to be in agreement with many of the proposals in the new agreement, the main sticking point was money. 'We made it very clear that we are happy with a more equitable split of the prize fund, the way success is rewarded and possible for everybody we agreed to,' he said. 'We are, I would say, the biggest victim in terms of prize fund loss in all of that....
Full Story »
5y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Wolff: We're not ready to sign the Concorde Agreement

Champions Mercedes are not ready to sign Formula 1’s new ‘Concorde...
5y ago from GrandPrix247.com

Mercedes still adheres to the Concorde Agreement:...

Mercedes has long indicated that they are not yet ready to sign the...
5y ago from GPBlog.com

Mercedes refusing to sign new Concorde Agreement, has...

Mercedes is 'the biggest victim' in Formula 1's latest Concorde Agreement...
5y ago from MotorsportWeek.com

Wolff confirms Mercedes now ready to sign F1 Concorde...

Mercedes team principal Toto Wolff has said Mercedes is now ready to sign...
5y ago from GPFans.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Popular On TotalWRC.com

Kalle Rovanpera returns to WRC with Subaru

Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
11h ago from MotorsportWeek.c...

Popular On GunnersToday.com

50 million move for Brazilian on the cards as Arsenal...

Atalanta midfielder Ederson Dos Santos has been linked with a move to the...
3h ago from CaughtOffside.com

'There is contact between me & Arsenal' –...

The agent of Bayer Leverkusen sensation Christian Kofane has confirmed...
3h ago from CaughtOffside.com

Arsenal eye move for 40m-rated French attacker ahead...

Arsenal are interested in signing the French attacker Jean-Matteo Bahoya...
8h ago from CaughtOffside.com

Wayne Rooney sheds light on issues with Bukayo Saka as...

Manchester United legend Wayne Rooney believes Arsenal star Bukayo Saka...
9h ago from SportsKeeda.com

Comments

Hottest News

Williams sack James Vowles, sign Christian Horner and...

As many expected, James Vowles has been given his... Read More »
18h ago from GrandPrix247.com

Haas F1 star announced for new drive

A star of the Haas F1 team has been handed a new... Read More »
4h ago from GPFans.com

FIA on alert over new Mercedes engine trick that has...

The FIA are understood to be looking at another... Read More »
6h ago from GPFans.com

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.