Keep pulling the thread on Formula One.
Formula One is expected to expand to an 11th team with the entry of Cadillac.
Audi and Ford are both entering the Formula One sport.
Apple TV is set to become a new broadcast partner for Formula One in the U.S.
In his first year managing collective negotiations for Formula One teams, Bernie Ecclestone increased the average prize and fee payment per team from $10,000 to $40,000 per race.
The first Concorde Agreement in 1981 granted Bernie Ecclestone and the Constructors Association control over all rights and income from any future televising of F1 races for the next five seasons.
An early television rights agreement for Formula One split revenue with 47% to the teams (FOCA), 30% to the FIA, and 23% to Bernie Ecclestone's company (FOPA).
Bernie Ecclestone negotiated a deal with the FIA to replace their 30% share of TV rights revenue with a flat annual fee, starting at $5 million and escalating by $1 million per year to a maximum of $9 million.
After securing the FIA's share of television rights, Bernie Ecclestone grew Formula One's TV rights revenue from single-digit millions to over $25 million per year.
Tobacco companies invested a total of $4.5 billion in Formula One team sponsorships before the practice was banned by the European Union in 2006.
The Lotus 78 and 79 cars pioneered the use of ground effects, shaping the car like an upside-down airplane wing to create a low-pressure zone underneath and suck the car to the track.
In the early 1990s, the Williams Formula One team introduced a suite of electronic driver aids including traction control, anti-lock brakes, active suspension, and a semi-automatic transmission.
In 2018, the FIA mandated the use of the 'halo' cockpit protection device on all Formula One cars.