Formula One teams are set to start talks with the sport's governing body and owners on a new collective agreement with wrangles over a number of thorny issues expected as the sport faces up to the price of success.
The current Concorde Agreement, between the three parties, runs until 2025 and often deals have only been secured at the last minute or after a period without a formal agreement.
But Greg Maffei, chief executive of Liberty Media, the American owners and rights holders of Formula One, said last week that he wanted to begin talks now.
