Dennis: It's not just about money

10/03/2006
NEWS STORY

McLaren boss Ron Dennis has said that the ongoing talks between the manufacturers, teams and Bernie Ecclestone, with regards the signing of a new Concorde Agreement is not merely about money.

Speaking in Bahrain today, the Englishman said: "I think everybody has agreed that they are of the view that it's all about money. Money is all that's talked about in Grand Prix racing.

"Here, it is very important to understand that this is the future of Grand Prix Racing until at least 2012 and maybe beyond," he continued. "The document which is a memorandum of understanding that is being worked on, at the moment really deals with many issues. I think the discussions that have taken place in the last month really are those that will determine where we push in manner of the long-term interest of F1.

"The buyout by the CVC has been most positively felt because they want stability and also in terms of how we participate in that growth. Now, it's much more of a common interest in terms of how that document is sustained in the long term, so now we are, I will say, more than a day less than a month away, but it will happen in that period of time."

Despite claims by some sections of the media that the issue could be 'settled' this weekend, Flavio Briatore agrees that peace is a few weeks away.

"I think we are very close to finalising with Bernie," he said. "Maybe it can happen in the next weeks. We are very much agreed."

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Published: 10/03/2006
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