📍 ‘This is the document that decides who wins money, who loses money, and who pretends they’re happy about it.’
◼︎ Formula 1 has achieved something rarer than a perfectly judged pit stop: unanimity.
◼︎ All eleven teams, the FIA, and Formula 1 have signed the new Concorde Agreement, locking in the sport’s operating framework until 2030.
◼︎ No public rows.
◼︎ No last-minute standoffs.
◼︎ Which, by F1 standards, is almost more remarkable than the agreement itself.
❖ The Full Story…..
◼︎ Formula 1’s New Concorde Agreement: Order in the Paddock Until 2030
◼︎ Every few years, Formula 1 pauses its engine noise, sharpens its pencils, and renegotiates the document that truly governs the sport.
◼︎ Not the rulebook.
◼︎ Not the sporting regulations.
❖ The Concorde Agreement.
◼︎ The ninth version is now signed, sealed, and locked in until the end of 2030.
◼︎ Back in March, all 11 teams — including the incoming newcomer, Cadillac — signed the Commercial Agreement.
◼︎ The Governance Agreement has now been issued, completing the framework that dictates how Formula 1 will be run, funded, and constrained for the next five years.
◼︎ Exact details remain confidential, as tradition demands, but its reach is extensive.
◼︎ The Concorde Agreement defines prize money distribution, entry fees, cost-cap regulations, and the number of races that can be squeezed into a calendar already creaking at the seams.
◼︎ It also underpins the new technical era arriving next season, with an overhauled power unit and chassis regulations.
◼︎ F1 CEO Stefano Domenicali described the agreement as a milestone moment as the sport marks its 75th anniversary, positioning Formula 1 for sustained global growth.
◼︎ FIA president Mohammed Ben Sulayem highlighted fairness, stability, and innovation — along with continued investment in officials and volunteers who quietly keep the show on the road.
◼︎ In essence, Formula 1 has secured its operating system.
◼︎ No drama. No holdouts. No brinkmanship.
◼︎ Which, frankly, feels almost unnatural.
❖ Why it matters
Because beneath the glamour, Formula 1 only functions when everyone agrees where the lines are — and how much they’re worth.
📍 ‘It’s the calm before the regulatory storm.’
