Concorde fleet have been grounded, drained of hydraulic fluid and their airworthiness certificates withdrawn. Jock Lowe, ex-chief Concorde pilot and manager of the fleet estimated in 2004 that it would cost £10–15 million to make G-BOAF airworthy again. BA maintain ownership and have stated that they will not fly again due to a lack of support from Airbus. On 1 December 2003, Bonhams held an auction of British Airways Concorde artefacts, including a nose cone, at Kensington Olympia in London. Proceeds of around £750,000 were raised, with the majority going to charity. G-BOAD is currently on display at the Intrepid Sea,
Concorde Agreement 5, 1996 the new Concorde Agreement was signed by all the teams except McLaren, Williams and Tyrrell. The agreement was to run from January 1, 1997 to 2002. By taking a stand against the actions of Bernie Ecclestone, the FIA and the wider commercial aspects of Formula One, McLaren, Williams and Tyrrell lost both influence in the sport and income which they would have received as signatories. A compromise was reached and on August 27, 1998, the 1998 Concorde Agreement was signed which accommodated the three teams and which expired on December 31, 2007. On 7 December 2004, at a