F1 Teams Oppose New Concorde Agreement Proposal For Single Fuel Supplier
F1's major teams reportedly "oppose moves to appoint a single fuel supplier," according to MOTORSPORT. The new Concorde Agreement "paves the way for a single supplier of fuel in the future." An FIA media statement said FIA will be "in charge of conducting the tender process," with Bernie Ecclestone "entitled to run the commercial negotiations with potential suppliers." But according to Germany's Sport Bild on Wednesday, "the big teams are not happy about this development." That is because "they all have separate and lucrative deals in place with major oil corporations: Ferrari with Shell, Renault with Total, Mercedes with Petronas, McLaren with Mobil" (MOTORSPORT, 10/1).