Name: Formula 1 Teams Sign New Concorde Agreement Till 2025
Uploaded: 2020-08-19T16:18:00+05:30
Channel: Mario Fernandes
Description: 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

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