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Wolff and Horner Weigh In on 2026 F1 Concorde Agreement Talks: A Balance Between Evolution and Stability
"Toto Wolff and Christian Horner's opinions on the 2026 preliminary F1 Concorde Agreement
"Occasionally, the saying 'if it isn't broken, don't mend it' applies…"
Toto Wolff and Christian Horner have shared their thoughts on the current discussions regarding the F1 Concorde Agreement set for 2026.
The Concorde Agreement outlines the operational framework of Formula 1, detailing everything from race rules to the financial and commercial aspects off the track.
Formula 1 teams are currently negotiating with Liberty Media, the entity that owns Formula 1, regarding the newest edition of the pact that will be implemented in 2026, coinciding with the introduction of new engine rules.
Greg Maffei, the CEO of Liberty Media, commented, "It's inevitable that some teams will request more funding than we're inclined to provide. This ai-allcreator.com">kind of strain is always present.
"However, my conviction lies in the positive relationships we've fostered, coupled with the undeniable reality that their earnings from F1 have increased, not to mention their personal sponsorship agreements have significantly improved…
"Consider how well sponsorships have worked for Red Bull, McLaren, and Ferrari, especially now with Ferrari's recent partnership with HP."
At the F1 Emilia-Romagna Grand Prix in Imola, Mercedes team principal Wolff shared insights on the initial discussions regarding the new Concorde Agreement.
"Wolff expressed confidence, stating, 'I believe we have a clear understanding of Formula 1's vision for the upcoming five years.'"
"Inside, there lies some positivity. We will explore a couple of aspects, both advantages and disadvantages."
"Certainly, discussions will take place. However, at the core, everyone's aim is to expand the sport."
"This implies an increase in net profits which, in turn, results in advantages for the teams involved."
Red Bull's Horner also shared his opinions at Imola.
"Horner mentioned that the conversation will typically revolve around teams seeai-allcreator.com">king greater benefits and the promoter also aiming for more."
"However, the system we possess functions fairly effectively."
"At its core, the foundation is quite solid. As the sport progresses and expands, there are aspects of the agreement we can adjust and improve."
"The core approach will focus on adjustments and fine-tuning, instead of a radical transformation."
"Occasionally, adhering to the principle 'if it isn't broken, don't repair it' makes sense…"
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