Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Ad image

Formula 1 and Team have been asleep in the future with a new Concorde transaction.

MONews
3 Min Read

The future of Formula 1 is set as a stone, and all 11 teams to be racing in the 2026 World Championship have signed an important new Concord contract for sports.

According to the Motorsport website racer, all important commercial contracts arrest a team that informs Liberty Media and Grand Prix Racing, a commercial rights holder of F1, a commercial rights holder of the F1, and a team that informs the strong devotion to the soaring trajectory of the F1.

As the CEO of Stefano Domenicali expands its new CEO, the contract with new participants Cadillac F1 guides the era of economic stability and ambition.

The F1 statement said, “Formula 1 secures the long -term economy of sports by confirming that all teams have signed the 2026 Concorde Commercial Agreement.

“Formula 1 is never in a more powerful position, and all stakeholders have seen positive advantages and significant growth. We thank all the teams who participated in this process to reach the best results of sports.

“2026 Concorde Governance Agreement will be completed.”

In fact, commercial conditions are fixed, but the governance of the Concord Contract in 2026 remains a task for finishing.

Challenge

Timing is important. The commercial transaction signed by Mohammed Ben Ben Sulayem FIA faced the general election at the end of this year.

In the 2021 Jean Todt, the ink -in -Kongcode agreement was hoped for the Ben Sulayem to reconstruct the blueprint for the FIA’s interests.

Now, as the team and the F1 announces the united front, the governing agency must explore the harder way to insist on the influence of governance terms. The arrival of Cadillac, the green of F1 and FIA amplifies only steaks.

With the F1’s unprecedented wave of popularity, the contract emphasizes the foundation for growth, but the battle for control is not over.

Paddock’s eyes now return to governance conversations. Here, the power mechanics of sports will face the following tests.

Keep the latest information through all F1 news. X and Facebook

Share This Article
Leave a comment