The 2026 Concorde Governance Agreement has been signed by the FIA, F1 and its 11 teams, allowing for further investment in racing regulation, race direction, stewardship and technical expertise.
The Commercial Concorde Agreement between F1 and the teams was announced earlier this year and together the two commitments make up the overall Concorde Agreement, which covers the sport’s regulatory framework and commercial and governance terms until 2030. As part of what it described as “robust discussions”, a proportion of the revenue to be allocated to the FIA was agreed, with the aim of continuing to evolve the sport, with F1 saying it currently has “unprecedented momentum”.
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“The Ninth Concorde Agreement secures the long-term future of the FIA Formula 1 World Championship and I am proud of the dedication that has gone into this process,” said FIA President Mohammed Ben Sulayem.
“I would like to thank Stefano Domenicali and his team for their strong collaboration to create a framework based on fairness, stability and common ambition. This agreement allows us to continue modernizing our regulatory, technical and operational capabilities, including the support of race directors, officials and the thousands of volunteers whose expertise underpins every race.”
“We will ensure that F1 remains at the forefront of technological innovation, setting new standards for the global sport.”
In line with Ben Sulayem’s comments, the press release announcing the agreement said: “The FIA will now be able to invest further in improved racing regulations, race direction, stewarding and technical expertise for the benefit of the Championship, meaning the sport will continue to evolve, delivering exciting innovation and sporting activity to fans, broadcasters and partners within a stable and structured regulatory framework.”
F1 president and CEO Domenicali said the collaborative approach from all parties has given the sport a strong foundation for development as we enter a new era of regulations and Cadillac is added to the grid.
“Today is an important day for F1,” Domenicali said. “As we celebrate 75 years of this great sport, we are proud to write the next chapter in our long and great history. This agreement ensures that F1 is in the best possible position to continue to grow around the world.”
“I would like to thank FIA President Mohamed Ben Sulayem and his cooperation and determination in the discussions to achieve the best outcome for the sport as a whole. We have much to be proud of, but we are also focused on the opportunities and exciting possibilities for F1 in the coming years.”
