Following protracted negotiations, the FIA and Formula 1 management have finally concluded a new Concorde Governance Agreement that dictates how the series is run over the next five years, with two key changes to the previous deal

Following a new commercial Concorde Agreement in March, Formula 1's stakeholders have now agreed terms on how to run the series over the next five years

LONDON, Dec 12 : Formula One's 11 teams have signed a Concorde Governance Agreement to define the Liberty Media-owned sport's regulatory framework until 2030.The teams had already signed a commercial agreement in March.Formula One said the ninth Concorde Agreement, since the first in 1981, represented