Grand Prix Manufacturers Association
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The Grand Prix Manufacturers Association (GPMA) is an alliance of car manufacturers that participate in Formula One formed (like its predecessor GPWC) to act as a tool to assist the companies in bargaining with Bernie Ecclestone for an agreeable extension to the 1997 Concorde Agreement, the contract by whose terms the teams compete in F1.
[edit] Current Members
- BMW Group (BMW Sauber)
- Mercedes-Benz (Majority shareholder of McLaren Group, owner of Team McLaren)
- Honda (Honda F1)
[edit] Former Members
- Toyota (Toyota Racing) – announced decision to leave on 14 August 2006.
- Renault (Renault F1) – announced decision to leave on 16 February 2007.[1]
On 27 March 2006, Formula One's five "rebel" manufacturer-backed teams signed up to the 2008 World Championship.