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New Concorde Agreement Talks Already Taking Place
The “usual discussions” surrounding the negotiation of a new Concorde Agreement are currently taking place, Christian Horner has revealed. Liberty Media, F1’s commercial rights holder, recently sent out the proposed draft of the new agreement that binds together the teams, the FIA, and Formula 1. The current one expires next year, and some details are now starting to leak out – like a reduced bonus historical payment for Ferrari, and perhaps an increase from $200 million to $600m for potential new entrants like Andretti. Backed by Cadillac (GM), the Andretti camp remains determined to get up and running for 2026,…
f1chronicle.com/new-concorde-agreement-talks-already-taki...