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Following approval by the World Motor Sport Council (WMSC), late on Friday night FIA President Max Mosley signed the 2009 Concorde Agreement, heralding a renewed period of stability for the FIA Formula One World Championship. The Concorde Agreement - a contract between the FIA, Formula One racing's commercial rights-holder and the participating teams - sets out the basis on which the teams participate in the championship and share in its commercial success...
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Following approval by the World Motor Sport Council (WMSC), late on Friday night FIA President Max Mosley signed the 2009 Concorde Agreement, heralding a renewed period of stability for the FIA Formula One World Championship. The Concorde Agreement - a contract between the FIA, Formula One racing's commercial rights-holder and the participating teams - sets out the basis on which the teams participate in the championship and share in its commercial success...
More...