Motor racing-FIA and car manufacturers agree F1 deal

Newswire

By Alan Baldwin

LONDON, Nov 15 (Reuters) - Formula One's governing body and leading car manufacturers, who at one time threatened a breakaway series, have struck a deal to end a long battle over how the billion-dollar sport should be run.

International Automobile Federation (FIA) president Max Mosley and BMW's Burkhard Goeschel said agreement had been reached on all outstanding issues.

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