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Bernie: We don't need a Concorde deal

Bernie Ecclestone says Formula One can continue even if the 11 teams and the FIA have not yet agreed a new Concorde Agreement. The Concorde Agreement is the document that covers the running of Formula One from how much of the television revenue the teams receive to the rules of the sport. The current deal, though, expired at the end of last year without the teams reaching a mutual agreement with Ecclestone and the FIA over a new one. It is the latter who are believed to be holding up the proceedings with Ecclestone revealing that the financial side of the deal has at least been agreed upon. "We don't need the Concorde Agreement signed," the 82-year-old told NF1. "It doesn't...
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12y ago from PlanetF1.com 0
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