Formula 1 has announced that all ten teams have signed the sport's new Concorde Agreement, committing to Grand Prix racing's future until the end of 2025. McLaren, Ferrari and Williams - F1's three most successful teams - announced on Tuesday that they had put pen to paper and signed the all-important contract that sets the commercial, financial and governance terms under which teams compete in F1. The remainder of F1's teams have now also agreed to the terms of the new Concorde deal. Ferrari follows McLaren - signs new Concorde deal "The agreement will secure the long-term sustainable future for Formula 1 and combined with the new regulations, announced in October 2019 that come into...
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