Formula 1's owners, Liberty Media, are close to agreeing a new Concorde Agreement with the 10 teams. The current deal expires at the end of this year with many a conversation – and likely argument – going on in the background. While the teams have all agreed to a host of new regulations, ranging from the introducing of ground effect aerodynamics to a budget cap, the final document has yet signed off. 'We'e in the final stages of it,' Carey said in an interview with Bloomberg. 'We have elements of the future resolved. 'We've had the rules, regulations, the cost cap, those things have been resolved.' Liberty Media's number one goal is to see more competition in Formula 1 in the...
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