F1: New Concorde Agreement Signed
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F1: New Concorde Agreement Signed
http://www.autosport.com/news/report.php/id/77564
The Formula One Teams' Association (FOTA) has hailed the sport's new Concorde Agreement after confirming that negotiations had concluded and that the document now contained signatures of all the teams entered for 2010.
FOTA also stated that it would support any initiative to allow the BMW-Sauber team to sign up at a later date, should the outfit be on the grid in any form next season.
The statement read: "Signed by all Formula One teams, with the only exception of BMW-Sauber AG, the FIA, and Formula One Administration (FOA), Concorde 2009 lays down the commercial and regulatory guidelines for Formula 1 whilst guaranteeing the teams' until the end of the 2012 season.
FOTA will support any initiative which would allow BMW-Sauber AG to reapply for full participation within the new Concorde Agreement."
The German manufacturer has yet to make clear its intentions on the fate of the team however, though it was given a deadline of today to sign up to the agreement.
The statement also indicated that the teams had come to a voluntary accord over how to reduce spending over time in Formula 1.
"All Formula 1 teams have together reached a voluntary agreement on their own, which will put into practice FOTA's long-standing objective gradually to reduce overall spending, eventually to around the levels of the early 1990s," read the statement.
"The terms of Concorde 2009 will reinvigorate the role of the Formula 1 Commission and various other Working Groups. The Formula 1 Commission will henceforth be a key decision-making body for change in Formula 1.
"FOTA's attention will now turn to other issues we believe to be in the long-term interest of F1: racing at the best tracks, in front of the biggest audiences and expanding F1's reach."
FIA president Max Mosley signed the agreement last weekend.
FOTA also stated that it would support any initiative to allow the BMW-Sauber team to sign up at a later date, should the outfit be on the grid in any form next season.
The statement read: "Signed by all Formula One teams, with the only exception of BMW-Sauber AG, the FIA, and Formula One Administration (FOA), Concorde 2009 lays down the commercial and regulatory guidelines for Formula 1 whilst guaranteeing the teams' until the end of the 2012 season.
FOTA will support any initiative which would allow BMW-Sauber AG to reapply for full participation within the new Concorde Agreement."
The German manufacturer has yet to make clear its intentions on the fate of the team however, though it was given a deadline of today to sign up to the agreement.
The statement also indicated that the teams had come to a voluntary accord over how to reduce spending over time in Formula 1.
"All Formula 1 teams have together reached a voluntary agreement on their own, which will put into practice FOTA's long-standing objective gradually to reduce overall spending, eventually to around the levels of the early 1990s," read the statement.
"The terms of Concorde 2009 will reinvigorate the role of the Formula 1 Commission and various other Working Groups. The Formula 1 Commission will henceforth be a key decision-making body for change in Formula 1.
"FOTA's attention will now turn to other issues we believe to be in the long-term interest of F1: racing at the best tracks, in front of the biggest audiences and expanding F1's reach."
FIA president Max Mosley signed the agreement last weekend.
That sucks. I like to watch the fuel strategies play out...watching Alonso qualify well on fumes then pit on lap 3 is always amusing. Then again, watching drivers conserve fuel and tires for late attacks might be fun.
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In case there may be someone who is a n00b to the F1 scene reading this thread, can someone explain what "fuel ban" is so that this hypothetical person can be slightly caught up in the F1 political scene.
I see it as removing a lot of pit lane excitement and flexibilty in race tactics...but it will be safer and reward fuel efficient engines and drivers.
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They are talking about making the cars carry a full race distance worth of fuel and eliminating fuel stops. That way the more efficient cars and drivers who manage their fuel loads better can do well.
I see it as removing a lot of pit lane excitement and flexibilty in race tactics...but it will be safer and reward fuel efficient engines and drivers.
I see it as removing a lot of pit lane excitement and flexibilty in race tactics...but it will be safer and reward fuel efficient engines and drivers.
They are talking about making the cars carry a full race distance worth of fuel and eliminating fuel stops. That way the more efficient cars and drivers who manage their fuel loads better can do well.
I see it as removing a lot of pit lane excitement and flexibilty in race tactics...but it will be safer and reward fuel efficient engines and drivers.
I see it as removing a lot of pit lane excitement and flexibilty in race tactics...but it will be safer and reward fuel efficient engines and drivers.
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This is how MotoGP has been doing it for as long as I can remember, and the racing is just as good. It's a sprint style race, the only time they pull in to pit is when its declared a wet race, then the riders can opt to change bikes to ones with a different type of tire.
are tire warmers still ban next year?
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