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All F1 teams sign Concorde Agreement

All F1 team have signed the Concorde Agreement. Bernie Ecclestone revealed on CNN.

In talk with Amanda Davies of CNN,F1 boss Bernie Ecclestone says that all teams have signed the new Concorde Agreement. That would mean that Mercedes has put his signature. This is significant, because the German team previously considered not agree CA.

When asked whether Mercedes is indeed on board, Ecclestone is not very firmly: “We will have to wait or Mercedes actually draw, but I am sure that everything will work.” “His doubts about the participation of Mercedes then complete the job?” Asks by Davies. “Sure,” the short answer to the Formula 1 boss.

The new Concorde Agreement, which rules on the distribution of television revenues and prize money are recorded, is effective until 2020.


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