Close Menu
    Trending
    • Why I’ll be rooting for the underdogs in the IEM Cologne Major playoffs
    • IND-W vs SA-W, Women’s T20 World Cup 2026, Match Prediction: Who will today’s game between India Women and South Africa Women?
    • Uruguay vs. Cape Verde Prediction, Odds, Picks For World Cup Match
    • Line-ups, where to watch, stats and preview
    • Albanians Protest Corruption and Kushner-Linked Resort
    • The Divide Is No Longer Left Vs Right
    • Vance arrives in Switzerland for US-Iran talks | News
    • Wyndham Clark closing in on history following U.S. Open third round
    FreshUsNews
    • Home
    • World News
    • Latest News
      • World Economy
      • Opinions
    • Politics
    • Crypto
      • Blockchain
      • Ethereum
    • US News
    • Sports
      • Sports Trends
      • eSports
      • Cricket
      • Formula 1
      • NBA
      • Football
    • More
      • Finance
      • Health
      • Mindful Wellness
      • Weight Loss
      • Tech
      • Tech Analysis
      • Tech Updates
    FreshUsNews
    Home » FIA, Formula 1 Group and all 11 race teams officially sign the ninth Concorde Agreement, securing strength and stability for the sport in pivotal five-year agreement
    Formula 1

    FIA, Formula 1 Group and all 11 race teams officially sign the ninth Concorde Agreement, securing strength and stability for the sport in pivotal five-year agreement

    FreshUsNewsBy FreshUsNewsDecember 14, 2025No Comments5 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    FIA, Method 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, Method 1 Group and all 11 groups, securing the World Championship by 2030

    – Paves the best way for a extra professionalised sport and represents a brand new period of collaboration between the FIA and Method 1 Group

    – Lengthy-term dedication enhances sporting reliability, world attain and stability for groups, followers and broadcasters

    The Fédération Internationale de l’Car (FIA), the worldwide governing physique for motor sport and the federation for mobility organisations worldwide, and Method 1 Group, the Business Rights Holder, have in the present day introduced the signing of the Concorde Governance Settlement, a vital contract defining the regulatory framework and governance phrases of the FIA Method One World Championship till 2030. This follows the announcement in March that the 2026 Business Concorde Settlement had been signed by all of the groups and Method 1 Group. Collectively, these agreements represent the ninth Concorde Settlement, representing a serious step ahead within the professionalisation and world improvement 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 progress of the game. Every iteration of the Concorde Agreements has formed the FIA Method One World Championship into the worldwide spectacle it’s in the present day.

    The ninth Concorde Settlement introduced in the present day marks the start of a brand new period of collaboration between the FIA and Method 1 Group, who’ve labored collectively to write down the subsequent chapter in Method 1 historical past, demonstrating mutual respect, transparency and shared function between the 2 organisations. It confirms the participation of all FIA Method One World Championship groups, together with the incoming Cadillac Method 1 crew, by the top of the last decade, and supplies a secure basis for the sporting and technical evolution of the game.

    The Concorde Settlement underscores the dedication of the FIA, Method 1 Group and all groups to proceed rising and growing the game, and to maintain driving the momentous growth it has seen in recent times. The brand new contract permits the FIA to take a position additional in improved race regulation, race path, stewarding and technical experience for the advantage of 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 secure and structured regulatory framework. Mixed with document viewership progress, a dynamic race calendar, and growing engagement from youthful audiences, the FIA Method 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 Method 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 robust 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 Method 1 stays on the forefront of technological innovation, setting new requirements in world sport.”

    Stefano Domenicali, President and CEO of Method 1 Group, mentioned: “At the moment is a crucial day for Method 1. As we rejoice seventy-five years of this unbelievable sport, we’re proud to write down the subsequent chapter in our lengthy and superb historical past. This settlement ensures that Method 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 dedication to attain one of the best outcomes for the complete sport in our discussions. We’ve an enormous quantity to be pleased with, however we are also focussed on the alternatives and thrilling potential for Method 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 Method 1 Communications – ckelleher@fia.com

    Sophia Martin-Pavlou, FIA Company Communications Director – smartin-pavlou@fia.com

    The Fédération Internationale de l’Car (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 places of work in Paris, London and Geneva, the FIA brings collectively 245 Member Organisations throughout 5 continents, representing thousands and thousands of highway customers, motor sport professionals and volunteers. It develops and enforces rules for motor sport, together with seven FIA World Championships, to make sure worldwide competitions are secure and honest for all.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleWhat game is Tom Brady calling today? Week 15 schedule
    Next Article IND vs SA: Hardik Pandya scripts history with unique milestone during 3rd T20I
    FreshUsNews
    • Website

    Related Posts

    Formula 1

    Entries Open for 2026 FIA GT World Cup as New Silver Cup Launches

    June 18, 2026
    Formula 1

    FIA Sustainable Innovation Series Puts Hydrogen Centre Stage in Le Mans

    June 17, 2026
    Formula 1

    The FIA Returns to Macau to Host Global Motorsport & Mobility Conference Uniting 149 Countries

    June 17, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Wi-Fi 7 and Thread: A Mesh Network Harmony

    December 26, 2025

    Ethereum Founder Dumps 100,000 ETH Worth $170M, What’s Going On?

    June 9, 2026

    Bill Chisholm Wyc Grousbeck Shoulder To Shoulder; Celtics Playing For Championships

    August 21, 2025

    Market Talk- January 9, 2026

    January 10, 2026

    New York vs. Texas – The Political Insider

    August 17, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Cricket
    • eSports
    • Ethereum
    • Finance
    • Football
    • Formula 1
    • Healthy Habits
    • Latest News
    • Mindful Wellness
    • NBA
    • Opinions
    • Politics
    • Sports
    • Sports Trends
    • Tech Analysis
    • Tech News
    • Tech Updates
    • US News
    • Weight Loss
    • World Economy
    • World News
    Most Popular

    Why I’ll be rooting for the underdogs in the IEM Cologne Major playoffs

    June 21, 2026

    IND-W vs SA-W, Women’s T20 World Cup 2026, Match Prediction: Who will today’s game between India Women and South Africa Women?

    June 21, 2026

    Uruguay vs. Cape Verde Prediction, Odds, Picks For World Cup Match

    June 21, 2026

    Line-ups, where to watch, stats and preview

    June 21, 2026

    Albanians Protest Corruption and Kushner-Linked Resort

    June 21, 2026

    The Divide Is No Longer Left Vs Right

    June 21, 2026

    Vance arrives in Switzerland for US-Iran talks | News

    June 21, 2026
    Our Picks

    Bitcoin Price Retakes $76,500 As Iran Tensions And Oil Volatility Drive Market Uncertainty

    April 21, 2026

    George Washington would be spinning in his grave

    October 13, 2025

    Bringing Instant Swaps to P2P Traders – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    August 5, 2025

    Why Ethereum’s Record 29.6M ETH Turnover Signals A High-Velocity Speculative Trap

    March 6, 2026

    Trump Dismisses Iran’s Strikes as a ‘Trifle’

    May 8, 2026

    Bad optics? Israel jails soldiers who smashed Jesus statue in Lebanon | Israel attacks Lebanon News

    April 22, 2026

    Starmer’s Complete Destruction Of What Was Once Great Britain

    October 15, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Cricket
    • eSports
    • Ethereum
    • Finance
    • Football
    • Formula 1
    • Healthy Habits
    • Latest News
    • Mindful Wellness
    • NBA
    • Opinions
    • Politics
    • Sports
    • Sports Trends
    • Tech Analysis
    • Tech News
    • Tech Updates
    • US News
    • Weight Loss
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2025 Freshusnews.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.