F1 teams agree to plans for rival Grand Prix series


LONDON: Formula One team bosses have agreed to work with leading carmakers on plans for a new Grand Prix championship from 2008, the GPWC organisers said on Thursday. 

The board of directors of Grand Prix World Championship (GPWC), a company created by the manufacturers to pave the way for their own series, presented their plans to the 10 team bosses in Munich. 

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