• Home
  • formula-1
  • Concorde agreement: special service for Ferrari and Red Bull?

Concorde agreement: special service for Ferrari and Red Bull?

Concorde agreement
Subscriptions & booklets

D ie the formula 1 congregation is preparing for a hot year. At the end of 2012, the Concorde agreement between the teams, the world association FIA and the owner of the commercial rights expires. This contract regulates the remuneration of the teams from the income of Bernie Ecclestone and it determines the procedure according to which the FIA ​​may change the rules. In the past, drafting a new Concorde agreement was always painful. Usually, an agreement was preceded by months of dispute.

Ferrari President Luca di Montezemolo was briefly tied to the question of the revision of the Concorde agreement from 2013: 'We will start negotiations in January.' The teams want more money from Bernie Ecclestone. So far, 50 percent of all income from entry fees, TV rights, route advertising, paddock club, licenses and merchandising has been distributed to the teams according to a secret key. It is based on the result of the two previous world championships and the affiliation of the respective racing team in Formula 1. Ferrari has special rights and already collects five percent of the distribution before it is distributed to the remaining teams.

Special agreement with Ferrari and Red Bull

Ferrari boss di Montezemolo had in the course of the past It was indicated several times over the year that the teams were entitled to 70 percent of the income and that an increase in the distribution would be obtained if necessary. Ecclestone, on the other hand, was tough. In an interview with auto motor und sport in May of this year, he said: 'The teams wanted more money with the last five Concorde agreements. Zero chance of getting 70 percent. They should be happy with what they have.'

At the time, the Formula 1 boss still had to fear that this time a more powerful opponent was sitting at the negotiating table than in the past. In July 2008, the teams were organized in FOTA. They wanted to speak with one voice when negotiating money. Ecclestone's old tactic of dividing the teams apart threatened to fail. He must have been all the more pleased that three teams, Ferrari, Red Bull and Sauber, left FOTA at the beginning of December.

Voices are now increasing that Ecclestone has already signed separate contracts for the period after 2012 with his main actors Ferrari and Red Bull. And that this agreement is one of the reasons why Ferrari and Red Bull have left FOTA. Montezemoloinsists that the exit was a reaction to the fact that FOTA had not reached an agreement in the technical dispute over the blown diffuser and the resource limitation, but that can only be a welcome excuse. With the continuation of the special treatment in the Concorde agreement, Ferrari would have secured the largest share of the cake again. The objection that a broken FOTA would be on weak feet in the negotiations with Ecclestone, di Montezemolo wiped away with the remark: 'Whether as a group or individually: We will come to an agreement.'

Red Bull could have been baited with an offer similar to Ferrari. If this thesis were true, it would no longer have been possible for Ferrari and Red Bull to remain in FOTA. The other teams would not accept it if two of their members went to their disadvantage on the issue of money distribution.

For Ecclestone, this strategy has already paid off. When the automobile manufacturers threatened their own racing series between 2001 and 2006, he secretly got Ferrari on board. In return, he offered Maranello a special service. He later did the same with Williams. This broke the front of the factories. Without Ferrari and Williams, a separate championship made no sense. This time too, the Formula 1 Zampano would have turned off the lights of a separatist movement before anyone could even think of breaking up with a pirate series from Ecclestone. With Ferrari, Red Bull and its ToroRosso satellite, three teams would be missing from a competitive series.

FIA also wants to have a say

0 Comments

Leave a reply

Name *