LONDON (Reuters) - Formula One's governing body has formally approved a framework for a new commercial 'Concorde Agreement' to take the sport through to 2020, it said on Friday.
"The agreement reached by the FIA and the Formula One Group in July 2013, setting out the framework for implementation of the Concorde Agreement for the period 2013-2020, has now come into force," the International Automobile Federation (FIA) said in a statement.
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