FIA moves closer to signing F1 Concorde Agreement

PARIS (AP) FIA president Jean Todt is confident that motor sport's governing body will sign Formula One's Concorde Agreement next month.

The new commercial agreement would bind together the FIA, the 12 F1 teams and commercial rights holder CVC Capital Partners.

Following a meeting of the World Motor Sport Council, the FIA said in a statement Friday that "the FIA President 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 also confirmed next year's F1 calendar, with minor changes made to last week's provisional draft.

The German Grand Prix is brought forward a week to July 14, while the Belgian GP moves forward to Aug. 25, and the Korean GP precedes the Japanese GP.

Updated September 28, 2012