Concorde Agreements Officially Signed Through 2030: What It Means for Formula 1
This development represents a critical milestone in the sport’s long-term stability, commercial strength, and collaborative governance structure as it prepares for a new era of regulations.
What is the Concorde Agreement?
The Concorde Agreement is a tripartite contract that has governed Formula 1 since its inception in 1981. It unites three key stakeholders: the FIA (the governing body), Formula 1 Group (the commercial rights holder), and the F1 teams.
Every iteration shapes how the sport operates both on and off the track—binding terms cover financial distribution, regulatory decision-making within the F1 Commission, commercial rights, and operational governance.
Finalizing the Deal
The 2026 Concorde Agreement was completed in two main phases:
- Commercial Agreement: Signed in March 2025 by all 11 teams competing in the upcoming season, including the new Cadillac team. This covers entry fees, revenue structures, and prize distributions.
- Governance Agreement: Signed more recently at the FIA General Assembly in Tashkent, Uzbekistan, bringing the full contract into force.
Key Elements of the New Agreement
- Governance: Clarifies how regulatory changes and technical rules are handled among the FIA, F1 Group, and teams.
- Commercial Stability: Assures teams continued participation through 2030 with defined revenue sharing.
- Infrastructure: Enables increased FIA investment in race regulation, stewarding, and technical expertise.
- Strategic Growth: Aligns commercial priorities with sporting objectives for the 2026 technical era.
Significance for Teams and the FIA
The signing confirms a collective commitment to Formula 1’s continued expansion. It brings certainty to teams—both current participants and new entrants—avoiding uncertainty as regulations evolve. For the FIA, the agreement cements its role in shaping motorsport’s future, from stewarding consistency to broader governance responsibilities.
FIA President Mohammed Ben Sulayem highlighted the Agreement’s role in reinforcing fairness and stability, while F1 CEO Stefano Domenicali described it as a cornerstone for the sport’s future development.
Broader Implications
With the Concorde Agreement now signed through 2030, Formula 1 enters a period of long-term strategic certainty. This is vital for teams planning technical and commercial roadmaps around the new 2026 regulations. The deal safeguards economic interests, supports expanded global engagement, and fosters structural stability across the sport’s governance mechanisms.
Sources
- FIA Press Release: Concorde Agreement signed by FIA, Formula 1 Group and all 11 teams
- Formula1.com: Confirmation of the 2026 Concorde Governance Agreement
- L’Équipe: Reports on Concorde Agreements for 2026–2030
- SI.com: Long-term stability for teams through Concorde Agreement
- ScuderiaFans.com: Overview of the Concorde Agreement’s role in new era