Teams optimistic over new F1 deal

Leading Formula 1 teams are optimistic that talks to frame a new Concorde Agreement with Bernie Ecclestone are progressing in the right way, amid talk that some competitors could even take a shareholding in the sport. A story that broke on the Sky News website, which was subsequently removed, suggested that Ferrari and Red Bull were on the verge of agreeing favourable financial terms with Ecclestone - which could hand Ferrari shares in the sport, plus both outfits a seat on the F1 board. Neither team was willing to speak openly about the situation, but both said that talks were heading towards a successful resolution

Cuth Harrison Loris Kessel Stefan Johansson Damon Hill racing info Georges Grignard