F1 deal gets green light from all 10 teams on grid

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F1 deal gets green light from all 10 teams on grid
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Formula One announced Wednesday that all 10 teams on the grid had finally agreed to a binding five-year commercial deal from 2021 which ensures ...

Share this contentPARIS: Formula One announced Wednesday that all 10 teams on the grid had finally agreed to a binding five-year commercial deal from 2021 which ensures the sport's"sustainable" future and will create closer racing.

"The new Concorde agreement, in conjunction with the regulations for 2022, will put in place the foundations to make this a reality and create an environment that is both financially fairer and closes the gaps between teams on the race track.? Team chief Toto Wolff explained they had accepted that it was impossible for the teams to be united ? and so a pragmatic and singular approach would be best.

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