- Loading CountdownMonaco GP in
Horner wasn't in Maranello for Ferrari talks
Saturday 26th January 2013, 17:39 by Ryan Wood
Team principals: Christian Horner (Red Bull) and Martin Whitmarsh (McLaren) (© Red Bull Racing, Getty Images)
Christian Horner was recently spotted at Ferrari's Maranello factory earlier this week, leading to speculation and reports that Ferrari president Luca di Montezemolo is keen to lure the Briton away from Red Bull.
The reports claim the Italian boss is looking to replace Stefano Domenicali after several failed attempts at securing the Formula 1 title.
However the truth behind the meeting - which did happen - was a discussion about the yet to be signed Concorde Agreement.
Horner attended on behalf of Red Bull and was spotted by Italian journalists, however they failed to spot other members of the F1 fraternity who were also in attendance.
Martin Whitmarsh for McLaren, Niki Lauda for Mercedes and Bernie Ecclestone were also in Maranello to meet with Domenicali and Di Montezemolo.
The new agreement, which is currently being drafted, states that these four teams are entitled to a larger stake of the prize money as well as an entitlement to have a member on the F1 board should it be floated on the stock market.
The meeting was purely a discussion about the seventh edition of the Concorde Agreement which binds the teams to the sport, divides prize money - which has been upped to 60 per cent from 50 per cent - and outlines the rules and technical regulations which are drafted by the FIA.