Most teams committed to F1 beyond 2012 - Ecclestone


SEPANG, Malaysia (Reuters) - Bernie Ecclestone said a majority of the teams currently competing in Formula One, including Ferrari, McLaren and Red Bull, have committed to continue racing in the sport after the current Concorde agreement expires at the end of this year.

The Concorde agreement is a confidential commercial agreement between the rights holding company and the teams whose cars compete in the 20-race series.

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