Formula 1 has announced that all 10 teams have signed the new Concorde Agreement, committing to the championship from 2021 to 2025. The Concorde Agreement is a contract between the Fédération Internationale de l’Automobile (FIA), the Formula 1 teams and the Formula One Group which dictates the terms by which the teams compete in races and how the television revenues and prize … Continue reading Formula 1 Teams Sign New Concorde Agreement Till 2025