Updated: 03/10/2012 23:17 | By pa.press.net

Todt expects resolution



FIA President Jean Todt is confident an agreement will soon be reached

FIA President Jean Todt is confident an agreement will soon be reached

FIA president Jean Todt believes motor sport's governing body will sign up to Formula One's new Concorde Agreement by the end of next month.

The FIA have held fire on penning the new commercial agreement that binds together the organisation, the 12 teams and the sport's commercial rights holders, CVC Capital Partners, whose chief executive is Bernie Ecclestone. Mercedes this week signed the agreement that on this occasion will run for eight years rather than the customary four, after holding out for months.

Now it remains for the FIA to follow suit, with an indication they will do so following Friday's meeting of the World Motor Sport Council in Paris. A statement read: "The FIA President (Todt) confirmed that positive and constructive discussions continue with regard to the new Concorde Agreement and it is anticipated a contract will be signed by the end of October."

The WMSC, meanwhile, has confirmed next year's F1 calendar, with only three minor changes made to the provisional draft that came to light during last weekend's Singapore Grand Prix.

The races in Germany and Hungary are no longer back to back, with the former brought forward a week to July 14. It is a similar situation with Belgium and Italy with the former now August 25, meaning a four-week summer break rather than five as was originally scheduled.

Finally, the Korean GP will now take place ahead of the one in Japan on October 6 and 13 respectively.

Despite Ecclestone this week stating the Grand Prix of America was again under threat and they no longer had a contract, the race in New Jersey is still scheduled for June 16, but asterisked as it is to be confirmed.

The organisers have just over two months to resolve their issues prior to the calendar being signed off at the December meeting of the WMSC.

2013 Formula 1 calendar:

Mar 17 Australia Mar 24 Malaysia Apr 14 China Apr 21 Bahrain May 12 Spain May 26 Monaco Jun 9 Canada Jun 16 America * Jun 30 Britain Jul 14 Germany Jul 28 Hungary Aug 25 Belgium Sep 8 Italy Sep 22 Singapore Oct 6 Korea Oct 13 Japan Oct 27 India Nov 3 Abu Dhabi Nov 17 United States Nov 24 Brazil * TBC

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