Motor racing-F1 teams sign 2026 commercial 'Concorde' agreement
The teams include
"Formula One has never been in a stronger position and all stakeholders have seen positive benefits and significant growth," the sport said at the season-opening Australian Grand Prix in
"The 2026 Concorde Governance Agreement will be finalised in due course."
The governance agreement involves the governing FIA led by Emirati Mohammed Ben Sulayem.
The current and confidential Concorde Agreement, which governs the financial side including the teams' share of revenues, expires at the end of 2025 and the new deal will run to 2030.
Sunday's announcement comes after news Formula One chief executive
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Motor racing-F1 teams sign 2026 commercial 'Concorde' agreement
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