FIA Approves Sale Of F1 To Liberty Media NFL Gets Credit For Minority Hirings LPGA Committed To Joint Event With PGA Tour Goodell Bypassing AFC Title Game Draws Criticism Strength Of U.S. Tennis Shown At Aussie Open Cowboys' Jerry Jones Hosts "Football Summit" Morgan: USWNT Strike May Be Necessary Former Raptors Coach Builds Canadian League NHL ASG Breakaway Challenge Taken Off Roster Silver Says NBA Exploring Mexico City Franchise
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SBD/September 30, 2013/Leagues and Governing Bodies
Grand Prix Of America's Fate Still Up In the Air Despite Inclusion On '14 F1 Calendar
Published September 30, 2013
SWEET DEAL: In London, Kevin Eason noted Ecclestone reportedly has "promised a small fortune in payments" worth $200M (all figures U.S.) through '20 over the eight years of the Concorde Agreement between the FIA and F1 that was approved on Friday. The agreement also reportedly includes "a cash sweetener worth more than" $4.85M "simply to sign the deal." In addition, there is an offer of a 1% stake "in the F1 business, if and when it is floated on the Singapore Stock Exchange." That "could be worth" $70M to the FIA (LONDON TIMES, 9/28).