SM
Man City vs. Spurs: 10 hrs 27 mins
Upcoming predictions and previews

Ferrari's 'first win of 2020' is Concorde deal

:Headline: Ferrari's 'first win of 2020' is Concorde deal: ID:410926: from db_amp
Every team has signed up to the 2021-2025 Concorde Agreement, finally ending a long period of uncertainty for Formula 1.

Every team has signed up to the 2021-2025 Concorde Agreement, finally ending a long period of uncertainty for Formula 1.

Earlier, clouds floated over the commitment of teams like Renault and even Mercedes, whose boss Toto Wolff said as recently as Silverstone that the reigning champions are the "biggest victims" of Liberty's proposed deal.

But smaller teams like backmarker Williams say the new agreement, featuring "more equitable revenue distribution", is a "significant opportunity to continue on our journey back towards the front of the grid".

The small American team Haas is also celebrating, after owner Gene Haas openly admitted to contemplating pulling out of F1 until mere days ago.

"We've committed to five more years in F1," Haas announced on Twitter.

It is believed that Mercedes' main objection to Liberty's terms was the continuing preferential contractual status of its rival Ferrari.

Corriere della Sera said that while FIA president Jean Todt brags about the new Concorde making F1 "more sustainable, fair and exciting", Ferrari will still be paid more and retain its controversial rules veto.

"Ferrari's first victory of the year was at the negotiating table," the Italian newspaper declared.

Former F1 supremo Bernie Ecclestone, however, defended Ferrari's preferential status.

"We paid Ferrari more than anyone else because we got permission to use their brand," he told Auto Motor und Sport this week.

"That way, we made sure that Ferrari would never change their name - they couldn't have called themselves Alfa Romeo or Maserati during the term of the contract. That would have made the Formula 1 worth a lot less," Ecclestone added.

amp_article__410926 : Database Data restored...  : 
last updated article - 2020-08-20 07:39:10:
html db last update - 2020-08-20 07:39:10 :

ex - 7200 : read : read cache amp html

Click here for more stories about Bernie Ecclestone

Click here for more stories about Ferrari

Share this article now:
Recommended Next on SM
Premier League Table
TeamPWDLFAGDPTS
1Liverpool119112161528
2Manchester CityMan City117222213923
3Chelsea115422113819
4Arsenal115421812619
5Nottingham ForestNott'm Forest115421510519
6Brighton & Hove AlbionBrighton115421915419
7Fulham115331613318
8Newcastle UnitedNewcastle115331311218
9Aston Villa115331717018
10Tottenham HotspurSpurs1151523131016
11Brentford115152222016
12Bournemouth114341515015
13Manchester UnitedMan Utd114341212015
14West Ham UnitedWest Ham113351319-612
15Leicester CityLeicester112451421-710
16Everton112451017-710
17Ipswich TownIpswich111551222-108
18Crystal Palace11146815-77
19Wolverhampton WanderersWolves111371627-116
20Southampton11119721-144
Scroll for more - Tap for full version


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
AL
Sign up for our FREE daily preview newsletter direct to your inbox!

Loading ...

Failed to load data.



. . . . . . . . . . . . . . .