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Formula One: The Iconic Motor Sport - [Business Breakdowns, EP. 14]

Business Breakdowns

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Transformative Changes in Formula One's Governance and Revenue Sharing

This chapter explores the historical importance and recent updates of the Concord Agreements in Formula One, particularly the 2021 modification aimed at equitable revenue-sharing among teams. It highlights the shift towards limiting technical expenses for sustainability, impacting team dynamics and the competitive landscape.

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