Liberty Media boss Greg Maffei wants to kick off negotiations for the next Concorde Agreement. At the time, although a deal with all the teams was ultimately agreed through 2025, the negotiations were fraught. “What frustrated me was that we, as the teams, are not capable of really joining up to have a common standpoint,” Mercedes boss Toto Wolff said at the time. But with F1’s popularity now booming, Liberty CEO Maffei said in Miami that he wants to kick off post-2025 Concorde talks with the teams “while the iron is hot”. “I think there is a consensus between the FIA, the teams and us that now is a good time to do so,” he said. “We haven’t really started talking properly,” said the Mercedes boss.

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