LONDON: Formula 1, its teams and the FIA governing body have signed a new Concorde Agreement to govern how the sport is run through 2030.
For the latest updates, follow us @ArabNewsSport
The new governance agreement announced Friday was signed by all 11 teams, including Cadillac, which is heading into its first season in 2026.
No details were made public but the FIA signaled it would be able to “invest further in improved race regulation, race direction, stewarding and technical expertise for the benefit of the championship.”
4/4 - The FIA, Formula 1 Group and all 11 teams have officially signed the ninth Concorde Governance Agreement in a pivotal five-year deal which secures the future of the FIA Formula One World Championship.
