Wednesday, March 21, 2012

Teams optimistic over new F1 deal

Leading Formula 1 teams are optimistic that talks to frame a new Concorde Agreement with Bernie Ecclestone are progressing in the right way, amid talk that some competitors could even take a shareholding in the sport. A story that broke on the Sky News website, which was subsequently removed, suggested that Ferrari and Red Bull were on the verge of agreeing favourable financial terms with Ecclestone - which could hand Ferrari shares in the sport, plus both outfits a seat on the F1 board. Neither team was willing to speak openly about the situation, but both said that talks were heading towards a successful resolution

Source: http://www.iracing.com/inracingnews/formula-one-news/f1-formula-one-news/teams-optimistic-over-new-f1-deal

Kurt Thomas Busch Kyle Thomas Busch Jeffrey Tyler Burton Richard Allen Craven Kerry Dale Earnhardt

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