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FIA not interested in early renegotiations of bedrock Formula One agreement, president tells AP

Por: ABC News Business July 06, 2023

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The head of the FIA says the motorsports governing body has no interest in signing an early renewal of its contract with Liberty Media and the 10 Formula One teams, who have stated their wish to sweeten the deal while the series is basking in global popularity. The eighth and current Concorde Agreement — which sets the rules and regulations for F1 as well as how television revenue and prize money is distributed — began in 2021 and runs... + full article



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