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Deal for new Concorde Agreement struck
"true">A deal concerning the 2013 Concorde Agreement appears to have been reached between the Formula One Group and the FIA, following Saturday morning talks conducted by Bernie Ecclestone and FIA President Jean Todt at the Hungaroring. The agreement dictates the commercial aspects of the sport, and binds together the teams, the commercial rights holder and the governing body. The previous deal lapsed at the end of 2012, with all teams bar Marussia entering this season under individual contracts with Formula 1 supremo Ecclestone. In a joint statement, the FIA and the Formula 1 group said: "The Formula 1 Group and the FIA have signed an agreement setting out the framework...
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11y ago from GPUpdate.net
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