Carey proud of new Concorde Agreement: ''Fans want to see exciting races''

All Formula 1 teams have signed the new Concorde Agreement. This means that the ten teams will remain in Formula 1 until 2025 and will also ensure a fairer sport. Chase Carey can't run out of luck.

Carey trots op de nieuwe stap

‘’This year has been unprecedented for the world and we are proud that Formula 1 has come together in recent months to return to racing in a safe way. We said earlier in the year that due to the fluid nature of the pandemic, the Concorde Agreement would take additional time to agree and we are pleased that by August we have been able achieve agreement from all ten teams on the plans for the long term future of our sport’’, Carey says in the statement.

The CEO of the Liberty Media wants the F1 to be more exciting and to attract even more people. ‘’All our fans want to see closer racing, wheel to wheel action and every team having a chance to get on the podium. The new Concorde Agreement, in conjunction with the regulations for 2022, will put in place the foundations to make this a reality and create an environment that is both financially fairer and closes the gaps between teams on the race track’, Carey's decision.