FIA signs up to new Concorde with improved financial means 27 September, 2013 In Jule Bernie Ecclestone and Jean Todt signed an agreement setting out a framework for the new Concorde Agreement The FIA has finally put pen to paper to conclude a new Concorde Agreement.
In late July at the Hungaroring, Formula 1 chief executive Bernie Ecclestone sat down with FIA president Jean Todt and shook hands on the new deal through 2020.
But that was only a 'framework' for the implementation of the Concorde, a tripartite agreement that binds the teams with the commercial rights holders and the FIA.
And it emerged on Friday that a 'multi-party Concorde Agreement' is still yet to be concluded.
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