Red Bull boss Christian Horner believes all teams will sign up to Formula 1’s new Concorde Agreement despite complaints by Mercedes.
On Friday, Toto Wolff slammed the proposed new deal which binds teams, the FIA and other stakeholders to commercial rights holder Liberty Media, suggesting the German manufacturer was the “biggest victim” financially and that he wasn’t ready to sign it.
Refusal to do so would certainly cast uncertainty over Mercedes’ future in F1, but with a deadline of this Wednesday to sign the new Concorde Agreement, the Red Bull boss does think unanimity will be found.
“This is at least the third time I’ve been through this process on it now. It’s been a different experience this time to previously,” Horner said.
“I think the agreement is what it is. The contents of it are confidential between the teams and the promoter.
“You have to look at the bigger picture and look at it as a partnership, in many respects, that we need Liberty to bring as much revenue into the sport and interest and coverage, that ultimately the teams and all participants will benefit from.
“You have to take a bit of a holistic view on these things, you’re never going to get everything you want.
“I’m sure it will be concluded in the coming days and I would envisage that all teams would be signing at some point.”
As for Red Bull, the company has previously voiced its support for the new deal, which is designed to address the financial inequality across the grid by introducing a new payment structure.
Though Horner confirmed its signature hasn’t happened yet as the team will “need to see the final version first”.
