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
What's the difference between F1 and Indy? Plenty. But it's a question that comes up more than you'd expect, and there are numerous answers. While F1 races only on street circuits and road courses, Indy also races on ovals. Indy, of course, is also primarily an American series, while F1 hasn't had a race in the United States for years now. The two series use different fuel, different engines, but the biggest difference, of course, is the cars: While Indy uses one spec chassis (and until next yea
Bernie Ecclestone has controlled the commercial rights to Formula One for so long it seems like he always has and always will. But that's not exactly the full story. While Ecclestone was the first to negotiate for control over the sport's commercial aspects – namely its television broadcasting rights – there was a time when he had to relinquish control. And that time may come again soon.
This year was the first in Formula One history that had absolutely no presence in North America. But that could change for next year if the latest reports from Canada are any indication, as insiders suggest that a new deal between race organizers and government officials on the one hand and Bernie Ecclestone on the other is in the closing rounds of negotiations.
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