Formula One Secures Future with New Concorde Agreement
Update: 2025-12-12
Description
Formula Ones Future Secured: New Concorde Agreement SignedThe sport of Formula One has taken a significant step forward with the signing of the new Concorde Governance Agreement for the years 2026 to 2030. This agreement, along with a commercial agreement, sets the rules for the sports operation, ensuring all key players are aligned. The commitment from Formula One, the FIA, and teams highlights their dedication to continued growth and evolution. The agreement allows for investment in race regulations, technical expertise, and technological innovations, positioning Formula One perfectly for global growth as it celebrates its seventy-fifth anniversary.
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