FIA Contract Recognition Board
Abbreviation | CRB |
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Region served | International |
Formula One |
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The FIA Contract Recognition Board (CRB) is a body set up by motorsports governing body, the FIA, to determine the legality of driver contracts and to settle disputes between Formula One teams over such contracts.[1] The CRB meets in Geneva, Switzerland and is made up of independent lawyers who are considered to be suitably experienced in the law of contract.[2] It aims to decide disputes in a few days, rather than the extended periods a court of law would take.[3]
The CRB was formed after Michael Schumacher signed to drive for the Benetton team in 1991, despite having agreed to discuss a contract with the Jordan team.[4]
References
- ↑ "Decision-making at the CRB". GrandPrix.com. Inside F1, Inc. 2004-10-18.
- ↑ Saward, Joe (1996-10-01). "Why Williams wins in Formula 1". GrandPrix.com. Inside F1, Inc.
- ↑ Rubino-Sammartano, Mauro (2001). International Arbitration Law and Practice. Kluwer Law International. p. 553. ISBN 90-411-1425-4.
- ↑ Collings, Timothy. The Piranha Club. Virgin Books. p. 315. ISBN 1-85227-907-9.
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