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Maffei: F1 won’t ‘pit teams against each other’ in Concorde talks
© XPB Michael Delaney
31/05/2024 at 09:3731/05/2024 at 10:07 Liberty Media chief executive Greg Maffei says the commercial rights holder won’t “pit teams against each other” à la Bernie Ecclestone to seal a new Concorde Agreement that should benefit the sport as a whole. The all-important covenant that dictates the commercial, financial and governance terms that bind the teams to the sport, and which is periodically renegotiated, is under review for 2026 when Formula 1 will usher in its next-generation technical regulations. Over the past year, Formula One Management, the FIA and the teams have progressively ironed out a new accord, with talks now in their closing and...
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