Under the terms of the Concorde Agreement, a team emerging from administration is regarded as a new entity and can only retain the commercial rights accrued by the original team if all other teams agree.It’s a similar process to that undertaken when a team asks to receive its F1 prize fund payments in advance.After a meeting in Budapest last weekend, McLaren, Renault and Williams all ... Keep reading
Read more: Force India sale plans compromised by rival teams - Motorsport.com
No comments:
Post a Comment