Ecclestone: Majority agree new F1 terms

Formula One supremo Bernie Ecclestone has revealed the “majority” of the 12 teams have signed up to a new Concorde Agreement.
The agreement is the tri-partite pact that binds together the teams, motor sport’s governing body the FIA, and F1?s owners on a commercial basis.
Crucially for Ecclestone, the current ‘big three’ of Ferrari, McLaren and Red Bull have all put their name to the document.
Via a statement, Ecclestone said: “I am very pleased to announce we have reached commercial

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