Liberty pushing ahead with Concorde deadline
"There are a bunch of open topics for us"
Liberty Media is pressing ahead with its August 12 deadline for the finalisation of the 2021 Concorde Agreement.
While Cyril Abiteboul says "95 percent of the teams are agreed" about the terms of the next binding commercial deal, Mercedes boss Toto Wolff says he is not ready to sign.
He alleges Mercedes is the "biggest victim" in terms of how the prize money will be divvied up.
"There are a bunch of open topics for us that are legal, commercial and sporting and in our point of view I don’t feel ready to sign," said Wolff.
However, Liberty Media set an August 12 deadline - Wednesday - some time ago and a source told Auto Motor und Sport that the F1 owner is pushing ahead.
"We have discussed all the issues for long enough and will not allow any further delay," the source said.
Wolff, though, says it is up to Liberty to break the deadlock.
"If you are willing to sit at a table, address the critical topics, discuss them and come to a compromise outcome, then I think it can go pretty fast," he said. "But I haven’t seen that approach."
Mercedes F1
F1 driver silly-season now a ’waiting game’
FIA should not block Antonelli’s F1 debut - Verstappen
Wolff: All the stories about Kimi Antonelli do him no good
Wolff sides with Marko, hits back at Red Bull CEO Mintzlaff
More on Mercedes F1
F1 - FOM - Liberty Media
F1 not ready to regulate use of AI - Domenicali
FIA, Liberty want to end power struggle ’clashes’
F1 won’t be ’bored’ with off-track news at Imola - CEO
F1 could scrap hybrid engines from 2030 - Domenicali
US congress should not influence F1’s Andretti decision
More on F1 - FOM - Liberty Media