F1 Report: Teams Commit To Compete After 2012
#1
Teams Commit To Compete After 2012
Formula One Group Chief Executive Bernie Ecclestone announced today:
"I am very pleased to announce that we have reached commercial agreements with the majority of the current Formula One teams, including Ferrari, McLaren and Red Bull Racing, about the terms on which they will continue competing in Formula One after the current Concorde Agreement expires at the end of this year."
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