Fom

F1's World of Tyres, Votes and Money

Todd McCandless | Posted 08.11.2013 | UK Sport
Todd McCandless

Formula 1 has traditionally been operated in the penumbra of a document called the Concorde Agreement. This legally-binding document ties the teams, the commercial right's owners (FOM) and the governing body (FIA) together in a dance of speed, technology and perhaps most importantly...money.

Whitmarsh Has Reservations on Ecclestone's Budget Cap

Todd McCandless | Posted 30.12.2012 | UK Sport
Todd McCandless

Formula One has a certain amount of specification to it and there is no doubt about that fact but unless it becomes a much more regulated and specified sport, like NASCAR, it will be very difficult to avoid the development war which will escalate costs and separate the herd of have's and have not's.

F1 Finances...Why the New Loan?

Todd McCandless | Posted 27.05.2012 | UK Sport
Todd McCandless

An interesting statement on Formula One's website today touted the re-financing of the long-term structured debt that owners CVC Capital Partners posses. The deal would reclassify the long-term note for an additional four years.

Mercedes AMG: FOTA is 'Vital'

Todd McCandless | Posted 04.02.2012 | UK
Todd McCandless

Ferrari and Red Bull's announcement that they were leaving the Formula One Teams Association (FOTA) is a bump in the road toward the mission of of the...

Is Formula One fading...one circuit at a time?

Todd McCandless | Posted 19.11.2011 | UK
Todd McCandless

The future of Formula One racing could change in the next few months. The Concorde Agreement, which governs the sport's teams (FOTA), regulatory body...