Mercedes ponders exiting F1 racing over commercial deal

Formula One may, to outsiders, seem like a monolith, but it is in fact a gathering of rather disparate parties. There's the FIA which governs the series from a sporting standpoint, there's the collective of teams competing in the series, and Formula One Management, the company that holds the sport's commercial rights under the direction of one Bernie Ecclestone. The only way they all get along is through the terms of the Concorde Agreement – the contract that divides up the spoils, namely television revenues and prize cash, between the parties. And that contract is coming up for renewal.

Autoblog, Mercedes ponders exiting F1 racing over commercial deal