Welcome to the North American Subaru Impreza Owners Club Saturday November 18, 2017
Home Forums WikiNASIOC Products Store Modifications Upgrade Garage
Go Back   NASIOC > NASIOC General > News & Rumors > Non-Subaru News & Rumors

Welcome to NASIOC - The world's largest online community for Subaru enthusiasts!
Welcome to the NASIOC.com Subaru forum.

You are currently viewing our forum as a guest, which gives you limited access to view most discussions and access our other features. By joining our community, free of charge, you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is free, fast and simple, so please join our community today!

If you have any problems with the registration process or your account login, please contact us.
* Registered users of the site do not see these ads. 
Thread Tools Display Modes
Old 11-15-2006, 12:27 PM   #1
Scooby Guru
Member#: 5126
Join Date: Mar 2001
Location: www.nugateway.com
Default FIA, car manufacturers agree on F1 deal

FIA, car manufacturers agree on F1 deal


Formula One's governing body and leading car manufacturers, who at one time threatened a breakaway series, have struck a deal to end a long battle over how the billion-dollar sport should be run.

International Automobile Federation (FIA) president Max Mosley and BMW's Burkhard Goeschel said agreement had been reached on all outstanding issues.

They told correspondents from four major European daily newspapers from Germany, Britain, France and Italy at a lunch in Munich on Wednesday that a new document would be drawn up and signed in the near future to govern the sport for at least the next five years.

Formula One's commercial supremo Bernie Ecclestone signed an agreement with the five-strong GPMA group - Renault, DaimlerChrysler, BMW, Honda and Toyota - last May.

That deal, concerning the financial side of the sport, effectively killed off any lingering threat of a so-called 'rival series' that had been mooted as manufacturers pressed for a far greater share of the revenues.

However, technical details and issues of governance, control of the regulatory process, had still to be agreed with the FIA although the ruling body announced in August that they and the GPMA were in "full agreement' about the future of the championship.

The existing 'Concorde Agreement' that governs the sport expires at the end of 2007 but all teams have committed for a further five years.
* Registered users of the site do not see these ads.
NYCshopper is offline   Reply With Quote
Sponsored Links
* Registered users of the site do not see these ads.

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Encountered the "Salvage Title" on the used car market, but what a deal! intransit Newbies & FAQs 125 05-20-2005 12:39 PM
Mirrors on F1 cars TimStevens Motorsports 10 07-23-2002 10:23 AM
FIA changes mind on F1 car numbers grandpa rex Motorsports 8 12-10-2001 10:58 AM
Monaco F1 track-- would a WRC car come close to f1 lap time? SpinAll4 Motorsports 28 05-20-2001 11:45 PM

All times are GMT -4. The time now is 12:43 PM.

Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
Powered by Searchlight © 2017 Axivo Inc.
Copyright ©1999 - 2017, North American Subaru Impreza Owners Club, Inc.