The 2026 Concorde Governance Settlement has been signed by the FIA, Components 1 and its 11 groups, permitting for additional funding in race regulation, race route, stewarding and technical experience.
The Business Concorde Settlement between F1 and the groups was introduced earlier this yr, and collectively the 2 commitments represent the general Concorde Settlement that covers the regulatory framework and industrial and governance phrases for the game as much as 2030. As a part of what have been described as “strong discussions,” the share of revenues which are allotted to the FIA has been agreed, with the purpose of frequently evolving the game, that F1 says has “unprecedented momentum” at current.
“The ninth Concorde Settlement secures the FIA Components 1 World Championship’s long-term future and I’m happy with the dedication that has been invested on this course of,” FIA president Mohammed Ben Sulayem mentioned.
“I wish to thank Stefano Domenicali and his crew in what has been a robust collaboration, constructing a framework grounded in equity, stability, and shared ambition. This settlement permits us to proceed modernizing our regulatory, technological, and operational capabilities, together with supporting our race administrators, officers, and the hundreds of volunteers whose experience underpin each race.
“We’re making certain that Components 1 stays on the forefront of technological innovation, setting new requirements in world sport.”
Consistent with Ben Sulayem’s feedback, a press launch saying the settlement says it should “allow the FIA to take a position additional in improved race regulation, race route, stewarding, and technical experience for the good thing about the championship, and means the game can proceed to evolve, offering thrilling technological innovation and sporting motion for followers, broadcasters and companions, all inside a steady and structured regulatory framework.”
Domenicali, F1 president and CEO, says the collaborative method from all stakeholders has given the game robust foundations to develop from, because it enters an period of latest laws and the addition of Cadillac to the grid.
“At present is a vital day for Components 1,” Domenicali mentioned. “As we rejoice 75 years of this unimaginable sport, we’re proud to jot down the following chapter in our lengthy and superb historical past. This settlement ensures that Components 1 is in the absolute best place to proceed to develop all over the world.
“I need to thank the president of the FIA, Mohammed Ben Sulayem, and all of the groups for the collaboration and dedication to realize the perfect outcomes for the complete sport in our discussions. We’ve got an enormous quantity to be happy with, however we are also targeted on the alternatives and thrilling potential for Components 1 within the years forward.”
