All ten Formula One teams sign new Concord agreement and Williams Racing enters new ownership.

23/08/2020 3 min

Listen "All ten Formula One teams sign new Concord agreement and Williams Racing enters new ownership."

Episode Synopsis

Formula One, the FIA and the 10 teams of the sport have agreed to the terms of a new long term contract, known as the ‘Concorde Agreement’, which will bind them to the world championship for another five years and Williams Racing, begins a new era after being acquired by US Investment firm Dorilton Capital.