US EditionF1 Teams and FIA Sign New Concorde Agreement to Govern the Sport
- On Friday, the FIA and Formula 1 Group signed a multi-year Concorde Governance Agreement with all 11 teams, securing the World Championship through 2030 and boosting sport professionalisation.
- Originally created to end a power struggle in the 1980s, the Concorde Agreement has underpinned how F1 is run and aims to professionalise the sport and enable closer FIA-Formula 1 collaboration.
- The governance deal announced Friday was signed by all 11 teams, including Cadillac, and coincided with Mohammed Ben Sulayem's unopposed re-election as FIA President.
- With commercial terms already signed in March this year, the Commercial agreement between the teams and F1 finalises continuity for the World Championship through 2030.
- Next year, F1 will implement sweeping regulation changes with smaller cars, more electrical power, and movable aerodynamic parts, while the FIA signalled it could invest further in race regulation, direction, stewarding, and technical expertise.
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36 Articles
F1, FIA agree new Concorde Agreement to 2030
Formula 1 has locked in its long-term future after joining with the FIA and its 11 teams to sign the Concorde Governance Agreement, allowing for further investment in race regulation, race direction, stewarding and technical expertise.
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Los Angeles TimesLONDON (AP) — Formula 1, its teams and the governing body FIA signed a new Concord Agreement to govern how the sport will be managed until 2030. The new governance pact announced on Friday was signed by the 11 teams, including Cadillac, who will debut in the 2026 season. Details were not made public, but the International Automobile Federation noted that it could “invest more in better regulation of careers, career management, arbitration and te…
Formula 1 Revolution: New Concorde Agreement Shapes Future of Racing | Sports-Games
Formula 1's new Concorde Agreement, valid through 2030, aims to enhance race regulations and technical expertise. Signed by all teams, including Cadillac, it aligns with FIA's re-elected President Mohammed Ben Sulayem's vision. No public details have been shared; new regulations are set to transform 2024 racing.
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