Formula 1 News

Mosley to FOTA: “No time for new Concorde Agreement” 

June 19 deadline stands

Following the letter from the FOTA members, FIA president Max Mosley has replied saying that all parties should agree to accept the 1998 governance provisions as there’s no time for a new Concorde Agreement, since the FIA has to answer the remaining applicants for the 2010 season no later than Friday, June 19.

“As explained during the meeting of 11 June, if we start to modify the governance provisions of the 1998 Concorde Agreement, a lengthy discussion will begin. There is no time left for this because we must answer the remaining applicants for 2010 no later than Friday,” wrote Mosley.

“Our proposal is therefore that all parties agree to accept the 1998 governance provisions by means of an exchange of letters. We can then negotiate a new 2009 Concorde Agreement under the protection of the 1998 arrangements. After all, we lived with these for ten years; a few more weeks or months should not cause any difficulty.”

“A fundamental problem with the FOTA proposal was the absence of a clear figure. The teams need to know what the constraints are, so do we,” explained Mosley.

“We therefore propose that you accept the 2010 rules, as published, which we agreed with you last year. If necessary, these can be revised within the above governance procedures in due course,” he added.