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Carey eyes June deadline for 2021 regulations

NEWS STORY
02/03/2019

Speaking in a Liberty Media conference call Chase Carey said he remains confident that the 2021 regulations will be agreed by June's deadline.

According to the FIA's International Sporting Code, Formula One's regulations need to be agreed upon 18 months before they are implemented. This means that the sport's powers-that-be have until June to finalise the regulations for 2021.

Despite the fact that 'discussions' have been ongoing for as long as anyone can remember, and with the deadline just three months away, Chase Carey is confident.

"There are structures that lead us to want to have things in place by June," he said, referring to the sporting code which actually mandates they have to be in place.

"We understand public markets would like to have all the terms as soon as possible," he continued, "but we're going to take the time necessary and make sure we get this right in alignment with our partners.

"I'm not going to elaborate on specific deadlines for discussions with teams," he added. "They're active, I've had a number of meetings this week with teams so they are quite active.

"We want to resolve these things, they are for 2021 so clearly there is still time there but I think all of us would like to have clear visibility to the future so we are looking to conclude those as quickly as we can.

"But it is true that certainly there are components of it that we would look to have in place by June, although we certainly expect to advance things before then."

It was round about this time last year that Christian Horner, among others, was calling for a speeding up of the process, yet a year later, Carey appears no nearer to resolving the various issues or indeed understanding their importance.

Indeed, much like Brexit, there is no clear end in sight, and every step forward appears to result in two or three steps backwards.

Furthermore, while, in the case of Brexit, it is the EU that holds the trump cards, in his negotiations with the teams, Chase Carey is no Bernie Ecclestone - having strongly criticised the former F1 supremo's dictatorial approach. With this in mind, and the June deadline rapidly approaching, it would appear to be the teams that hold the cards.

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READERS COMMENTS

 

1. Posted by English Tony, 05/03/2019 4:32

"Cousteau... "

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2. Posted by English Tony, 05/03/2019 4:29

"Chase Carey is so far out of his depth not even Jacques Coustou could save him"

Rating: Positive (1)     Rate comment: Positive | NegativeReport this comment

3. Posted by mickl, 04/03/2019 18:57

"The concord agreement which the 2021 rules are a part of is a contract between FIA, FOM and the teams mainly to govern the distribution or prize money and revenue."

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4. Posted by Canuck, 04/03/2019 13:04

"What is Liberty talking about here? is it not the FIA that is responsible for both the sporting code and the F1 regulation? Where is Todd hiding?"

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5. Posted by GarH, 02/03/2019 20:25

"Having read what Carey had to say, I'm none the wiser.
"

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