FIA close to fresh agreement with Bernie Ecclestone Following a meeting of the World Motor Sport Council in Paris on Friday, a statement was released claiming that talks with Ecclestone, who represents the commercial rights holder, were progressing. The current Concorde Agreement, a tri-partite pact that governs the commercial arrangement between Ecclestone, the teams and the FIA ruling body, is due to expire at the end of the year. The statement read: "Constructive Concorde Agreement discussions are on-going between the FIA and the Commercial Rights Holder, with the intention of finalising an agreement in the coming weeks." It added that until such matters were sorted there was little point in holding teams to the normal July 15 deadline for entries the following year. The deadline for 2013 will instead "be deferred to 30 September." The FIA confirmed its intention to sanction further cost-cutting measures to ensure Formula One remains viable for all teams, with a deadline of June 30 to agree the framing of them. The idea is to have a new 'Resource Restriction Agreement', which would be policed by the governing body. Many of the smaller teams in the sport are keen to see costs come down. Earlier this week, Ferrari president Luca di Montezemolo called for urgent action to be taken given the ongoing financial crisis across Europe. At their request, the FIA is having active discussions with teams regarding cost control. Zny amendments to the technical regulations resulting from a further limit on expenditure on the chassis will be submitted to the WMSC via a fax vote before 30 June," the statement said. The intention is to help all teams participate in the championship in a fair and equal manner. The June 30 date is significant because it is the last day that 2013 regulations can be changed with only majority support from the teams. Any attempt after that date would require unanimous support.