What is the Concorde Governance Agreement signed by FIA, F1 and the eleven teams?

Formula 1 and the Federation Internationale de l’Automobile (FIA) on Friday confirmed that the 2026 Concorde Governance Agreement has been signed by both parties and all eleven Formula 1 teams.

The signature of the Commercial agreement between the teams and F1 had already been announced in March this year. These two agreements together define the regulatory framework and commercial and governance terms of the FIA Formula 1 World Championship until 2030.

The Concorde Agreement ensures that the key stakeholders in the sport, Formula 1 as the commercial rights holder, the FIA as the governing body of world motorsport, and the F1 teams, are fully aligned on the fundamental commercial and governance structures that will underpin the next five years of the sport.

“Today is an important day for Formula 1. As we celebrate seventy-five years of this incredible sport, we are proud to write the next chapter in our long and amazing history. This agreement ensures that Formula 1 is in the best possible position to continue to grow around the world,” said Stefano Domenicali, President and CEO of Formula 1.

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Mohammed Ben Sulayem, FIA President, said: “The ninth Concorde Agreement secures the FIA Formula One World Championship’s long-term future and I am proud of the dedication that has been invested in this process.

“This agreement allows us to continue modernising our regulatory, technological, and operational capabilities, including supporting our race directors, officials, and the thousands of volunteers whose expertise underpin every race. We are ensuring that Formula 1 remains at the forefront of technological innovation, setting new standards in global sport.”

Published on Dec 12, 2025