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McLaren first F1 team to confirm they've signed new Concorde deal.

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John S:
Any bets on how many will not sign by end of today with the incentive of a bonus for all that put pen to paper today?

Final time to sign without earlybird bonus will be end of the month, although can't see Liberty failing to accommodate any of the bigger teams if they hold back longer.   

https://www.mclaren.com/racing/team/mclaren-racing-signs-new-concorde-agreement-f1/

John S:
All teams have now signed the new Concorde agreement, seems even Gene Haas, who may or may not stay in F1, realises having a ticket to race means his team is worth more to any would be buyer when the time comes.

All we have to wait for now is the big teams, and some others, enacting job cuts amongst their now overstaffed work forces for lower budget F1.  :(

Couldn't come at worse time for any tech/engineering staff let go with most other motorsport series hit hard by Covid-19. UK will be hit hardest as both Merc, Red Bull & Renault based here.

cosworth151:
Ferrari made it official:

https://racer.com/2020/08/18/ferrari-signs-new-concorde-agreement-commits-to-f1-until-2025/

John S:
Latest update:- Signing the Concorde does not guarantee that teams will stay in F1 until 2025.  :o

According to Deiter Renken writing on Racefans.net, "Mercedes has now signed the Concorde Agreement, but as we revealed previously, there is an annual exit clause provided it is triggered by 31 March for the following season."

So all the teams are only signed for 2021 until we pass the end of March next year, and so on, and so on.  :crazy: 

Alianora La Canta:
Yes. I don't think there was much way of avoiding that, given that we are in a recession and most of the teams are owned by people who don't attend day-to-day F1 business (therefore can't be persuaded directly to remain in F1).

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