FIA, Formulation 1 Group and all 11 race groups formally signal the ninth Concorde Settlement, securing power and stability for the game in pivotal five-year settlement
– Multi-year Concorde Governance Settlement signed by the FIA, Formulation 1 Group and all 11 groups, securing the World Championship by means of 2030
– Paves the way in which for a extra professionalised sport and represents a brand new period of collaboration between the FIA and Formulation 1 Group
– Lengthy-term dedication enhances sporting reliability, world attain and stability for groups, followers and broadcasters
The Fédération Internationale de l’Vehicle (FIA), the worldwide governing physique for motor sport and the federation for mobility organisations worldwide, and Formulation 1 Group, the Industrial Rights Holder, have right now introduced the signing of the Concorde Governance Settlement, an important contract defining the regulatory framework and governance phrases of the FIA Formulation One World Championship till 2030. This follows the announcement in March that the 2026 Industrial Concorde Settlement had been signed by all of the groups and Formulation 1 Group. Collectively, these agreements represent the ninth Concorde Settlement, representing a serious step ahead within the professionalisation and world growth of the game.
First launched in 1981, the Concorde Agreements are designed to advertise sporting equity, technological innovation and operational excellence, and align all key stakeholders round a shared imaginative and prescient for structured governance and continued development of the game. Every iteration of the Concorde Agreements has formed the FIA Formulation One World Championship into the worldwide spectacle it’s right now.
The ninth Concorde Settlement introduced right now marks the start of a brand new period of collaboration between the FIA and Formulation 1 Group, who’ve labored collectively to put in writing the following chapter in Formulation 1 historical past, demonstrating mutual respect, transparency and shared function between the 2 organisations. It confirms the participation of all FIA Formulation One World Championship groups, together with the incoming Cadillac Formulation 1 crew, by means of the top of the last decade, and supplies a steady basis for the sporting and technical evolution of the game.
The Concorde Settlement underscores the dedication of the FIA, Formulation 1 Group and all groups to proceed rising and creating the game, and to maintain driving the momentous enlargement it has seen in recent times. The brand new contract permits the FIA to speculate additional in improved race regulation, race path, 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. Mixed with file viewership development, a dynamic race calendar, and growing engagement from youthful audiences, the FIA Formulation One World Championship enters this subsequent chapter with unprecedented momentum.
Mohammed Ben Sulayem, President of the FIA, mentioned: “The ninth Concorde Settlement secures the FIA Formulation One World Championship’s long-term future and I’m pleased with the dedication that has been invested on this course of. I wish to thank Stefano Domenicali and his crew in what has been a powerful collaboration, constructing a framework grounded in equity, stability, and shared ambition. This settlement permits us to proceed modernising 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 Formulation 1 stays on the forefront of technological innovation, setting new requirements in world sport.”
Stefano Domenicali, President and CEO of Formulation 1 Group, mentioned: “At this time is a crucial day for Formulation 1. As we rejoice seventy-five years of this unimaginable sport, we’re proud to put in writing the following chapter in our lengthy and wonderful historical past. This settlement ensures that Formulation 1 is in the absolute best place to proceed to develop world wide. I wish to thank the President of the FIA, Mohammed Ben Sulayem and all of the groups for the collaboration and willpower to realize the perfect outcomes for the complete sport in our discussions. We have now an enormous quantity to be pleased with, however we are also focussed on the alternatives and thrilling potential for Formulation 1 within the years forward.”
ENDS
For media enquiries please contact:
Jonathan Refoy, FIA Chief Communications Officer – jrefoy@fia.com
Cameron Kelleher, FIA Sport Communications Senior Director | Head of Formulation 1 Communications – ckelleher@fia.com
Sophia Martin-Pavlou, FIA Company Communications Director – smartin-pavlou@fia.com
The Fédération Internationale de l’Vehicle (FIA) is the governing physique for world motor sport and the federation for mobility organisations globally. It’s a non-profit organisation dedicated to driving innovation and championing security, sustainability and equality throughout motor sport and mobility.
Based in 1904, with workplaces in Paris, London and Geneva, the FIA brings collectively 245 Member Organisations throughout 5 continents, representing tens of millions of highway customers, motor sport professionals and volunteers. It develops and enforces laws for motor sport, together with seven FIA World Championships, to make sure worldwide competitions are protected and honest for all.
