After more than a year of tough negotiations, the MotoGP manufacturers and MotoGP Sports Entertainment Group (MGPSEG), the series promoter, have approved the framework for the Concorde Agreement that will bind them together for the next five years.
The negotiations lasted longer than either side had initially anticipated, largely due to the strategy adopted by the Motorcycle Sports Manufacturers Association (MSMA), which identified the current moment as an opportunity to push aggressively in pursuit of the best possible terms.
