Formula 1 announced that all the sports teams have signed the 2026 Concorde Commercial Agreement.
Currently, Concord Agreement (currently Concord Contract) is a triple -trading between teams and sports management agencies, Liberty Media, the owner of FIA and F1, at the end of the 2025 season, which begins with the Australian Grand Prix by the end of 2025.
The FIA still needs to complete the governance conditions of new transactions, but Formula 1 confirmed that 11 teams, including the new 2026 Entry Cadillac on Sunday, agreed to the commercial framework for the new five -year contract for the new five -year contract by the end of 2030.
The Formula 1 statement said: “Formula 1 confirmed that all teams have signed the 2026 Concord Commercial Agreement and secure the long -term economy of sports.
“Formula 1 is not in a more powerful position, and all stakeholders have seen positive benefits and significant growth.
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Highlights of 10 teams, starting Liveries in F1 75 Live.
“Thank you for participating in all teams to reach the best results of sports in this process.
“2026 Concorde Governance Agreement will be completed.”
FIA said Sky Sports News On Sunday, part of the transaction of the governing agency is “complete”.
NEW DEAL supervises the beginning of the new rules for F1 and changes the engine and chassis regulations early in the next season.
Currently, the Concord Agreement may have up to 25 races in sports calendars. It is a lack of current schedule.
Unlike the previous contract, which was reached in 2020, the new term agreed to small public discourses or dramas, which is probably reflecting the very healthy positions of sports.
The F1 Circus will head to Shanghai for the first sprint weekend at the Chinese GP this week, starting on Friday and starting at SKY SPORTS F1. SKY SPORTS Stream Now -No Contract, Cancel at any time
