Racing Point have joined Mercedes in revealing they are not quite ready to sign the new Concorde Agreement, declaring it “still needs some work”. The World Champions and Racing Point are closely aligned on various matters and the Concorde Agreement is clearly another, with Otmar Szafnauer following Toto Wolff in being reluctant to meet the August 12 deadline for putting pen to paper on the new contract. First drawn up in 1981, the Concorde Agreement has been renewed six times since then, most recently in 2013, and F1 is currently in discussion with all 10 teams about the eighth edition which is due to come into force next year. The Concorde Agreement is the contract which binds...
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