Leading teams to meet in Germany

05/05/2011

Ferrari, McLaren, Mercedes and Red Bull are to meet in Stuttgart next week in order to discuss a number of issues including the proposed buyout of F1's commercial rights by News Corp.

Also on the agenda will be the new formula to be introduced in 2013 and the new Concorde Agreement, what with the existing one running out at the end of next season.

With Ferrari having made no secret of its unhappiness with the new engine formula for 2013, a view shared by Bernie Ecclestone, its rivals will also be most interested to discuss the latest twist in News Corp buyout of the sport, especially since one of the joint-buyers is investment company Exor which has strong links to the Maranello team.