Formula 1, its teams, and the FIA governing body have successfully signed a new Concorde Agreement, which will govern how the sport is run through to 2030.
The new governance agreement, announced on Saturday night (AEDT), was signed by all 11 teams, including Cadillac as it prepares for its debut season in 2026.
The Concorde Agreement is the legal contract that ensures the stability, commercial viability and organised governance of the F1 world championship.
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Oscar Piastri exits the FIA garage. Getty
Dating back to the early 1980s, when the agreement was first signed to end a power struggle between the FIA and the teams — known as the FISA–FOCA war — the Concorde Agreement has underpinned the governance of F1 through various subsequent editions. Crucially, its contents remain confidential.
While the details of the latest agreement were not made public, the FIA made it clear the deal would enable the governing body to “invest further in improved race regulation, race direction, stewarding and technical expertise for the benefit of the championship”.
It has been reported that the Concord Agreement includes a change in the voting structure for F1 Commission meetings, which may affect how rule changes are passed.
The new structure, effective from next season, requires fewer team votes to pass regulatory changes. This effectively shifts the balance of power in favour of the sport’s regulators.
It is hoped the shift will result in a more efficient sport, which will benefit drivers through consistent stewarding and the stable execution of new technical rules.
The announcement occurred on the same day that FIA president Mohammed Ben Sulayem was re-elected unopposed for a new four-year term.
Lando Norris speaks with FIA President Mohammed Ben Sulayem before accepting the Formula 1 Drivers’ Championship trophy at the 2025 gala awards. Handout/FIA/DPPI via Getty Images
The commercial aspects of the new agreement had already been signed in March.
Sweeping changes are already slated for F1 next year with new technical regulations that will introduce smaller cars, boost electrical power, and incorporate movable aerodynamic parts.
The 2026 season will begin with the Australian Grand Prix on March 8.