The current Concorde runs out at the end of this year, and a new one has been taking shape over the past couple of years as the sport’s new owners restructure the financial arrangements for the teams, with a more equitable payment system.
As it has not yet been agreed and signed in theory, teams are not officially committed to the sport beyond the end of this year.
“We had been in the ...Keep reading
Read more: Formula 1 has put new Concorde Agreement on “back burner” - Motorsport.com
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