F1 Concorde Agreement: The teams agree on commercial conditions for a new 2026 deal, as FIA speaks “near” | F1 news

Formula 1 announced that all sports teams signed the Concorder Trade Agreement 2026.

The current Concorder Agreement – a tripartite deal between the teams, the ruling sports body is the owners of FIA and F1, Liberty Media – ends at the end of the 2025 season, which begins on Sunday with the Australian Grand Prix.

While FIA ​​still needs to complete the conditions of governance for the new deal, Formula 1 confirmed on Sunday that all 11 teams, including the entry of the new 2026, agreed to the commercial framework for a new five -year deal that will continue until the end of 2030.

“Formula 1 can confirm that all teams have signed the Concorder Trade Agreement 2026, which guarantees the long -term economic power of this sport,” said Formula 1 statement.

“Formula 1 was not in a stronger position and all stakeholders have witnessed positive benefits and growth.

“We thank all the teams for sharing it during this process to reach the best result of this sport.

“The Concorde 2026 Governance Agreement will be completed in a timely manner.”

FIA said Sky Sports News On Sunday that the part of the ruling body of the deal is “about to end.”

The new deal oversees the start of a new F1 bases cycle, with changes to both the engine regulations and the structure received at the beginning of next season.

The current Concorder Convention allows to be a maximum of 25 races in the sport calendar, a number that is the current schedule less than that.

Unlike the previous agreement reached in 2020, the new conditions were agreed with a few public discourse or drama, which may be a reflection of the very healthy position that the sport finds itself.

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