Formula One news

Ecclestone vows to solve problems this week

Bernie Ecclestone has explained that he will be taking action in order to seal an updated Concorde agreement within the next two days. The Englishman, commercial rights holder for Formula One, will enable teams to fully contribute to 2010 changes once the agreement has been signed by all parties.

With the Concorde Agreement being a general document by which all teams will be going racing next year, the current situation would see the Formula One Teams Association (FOTA) plus other competitors closing an updated version of the 1998 agreement before writing up a 2009 draft in due course. With governing body the FIA and FOTA still not at peace, Ecclestone is ready to step up the mark.

Ecclestone chats with pole man and eventual race winner Mark Webber at the Nürburgring

"I hope to have a Concorde Agreement in place by Wednesday," said the man behind Formula One Management (FOM). "Max (Mosley, FIA president) will be happy when we have it sorted - he will have achieved everything he set out to achieve, including a new agreement and cost-cutting. He will then be in a position to do what he said he would do and step down. But as for me, I'll be around for the future."

Ecclestone's last comments reflect upon the fact that Mosley's departure has been called for by teams over recent months, although rumours of himself saying 'goodbye' to F1 are not valid, he insists. "Any story suggesting I'm going anywhere is completely untrue," the F1 supremo added. "I don't know where they came from."

more news

• 28 Nov.
  • Lola ready to enter Formula 1
  • Raikkonen close to Citroen WRC deal
  • Tung looking for 'useful' test
• 27 Nov.
  • Montreal seals Formula One contract
  • GPUpdate TV: Domenicali - high hopes for 2010
  • Jerez test: The cast
  • Wurz plays down USF1 link
  • Renault to test Baguette, Tung and Di Grassi
  • Alonso makes second visit to Ferrari
  • Force India confirms Sutil and Liuzzi
  • All new teams now FOTA members
  • Sauber buys team back from BMW
  • De la Rosa pushing for race drive
  • Ecclestone: I won't buy Donington
  • Haug becomes part of F1 in Schools
  • Volkswagen to provide F1 engines?
• 26 Nov.
  • Alguersuari: 2010 contract is signed
  • Conway and Ericsson to test for Mercedes
  • 4 driver options left for Lotus
  • 'F1 in need of Schumacher return' - Verstappen
• 25 Nov.
  • 'Fantastic opportunity' - Di Resta on Force India test
  • Recap: N.Technology court bid fails
  • BMW testers excited about Jerez
  • Brawn disappointed with Button drives, ponders Lauda
  • Piquet to drive in Massa kart race
  • Brawn aero chief wins award
  • Gillett disappointed with government position
  • Mercedes hopes to confirm line-up by Christmas
• 24 Nov.
  • Briatore verdict expected in January
  • Donington still hopeful over F1 race
  • Montreal race confirmation imminent
  • Massa names drivers for karting event
  • Campos car passes FIA safety tests
  • Strong test could seal drive, says Mallya
  • Force India to test di Resta and Hildebrand
  • Courts to hear Briatore case
  • Silverstone GP deal forthcoming
• 23 Nov.
  • GPUpdate TV: Sam Michael - building on 2009
  • Theissen waiting on entry decision
  • Mercedes delighted with Rosberg confirmation

Homepage