The arrival of Cadillac as Formula 1's 11th team in 2026 must be met with adequate compensation for dilution in prize money earnings for the existing squads, says... read more »
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FIA president Mohammed Ben Sulayem has insisted the federation is currently unable to support a 25-race Formula 1 calendar.The current Concorde Agreement allows for 25 races... read more »
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Liberty Media CEO Greg Maffei anticipates there will be difficult negotiations with the teams when it comes to renewing Formula 1’s Concorde Agreement for 2026. The upcoming... read more »
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Grand Prix racing's key stakeholders have begun discussions to frame the next Concorde Agreement, the document by which F1 is run, that is set to cover the period 2026 to... read more »
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Discussions have begun between teams and F1's commercial rights holder about the terms of a new Concorde Agreement deal that will define how the series is run from... read more »
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Liberty Media CEO Greg Maffei has revealed that a new Formula 1 race in Southeast Asia is possible, with Indonesia, Thailand and South Korea all showing an interest. The F1... read more »
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Ferrari’s long-standing bonus payment is set to be capped in the forthcoming Formula 1 Concorde Agreement, according to reports. The Concorde Agreement is a document set out by... read more »
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F1 teams are constantly in discussion with series owners Liberty Media about the new Concorde Agreement, which is set to come into effect in 2026.The Concorde Agreement is... read more »
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As part of the ongoing efforts to frame a new Concorde Agreement, with documents having been recently distributed to teams, talks have begun about where the cost cap will fit... read more »
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"Sometimes, if it's not broken, don't fix it..." read more »
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Teams are in discussions with F1 owners Liberty Media over the terms of the new Concorde Agreement that is due to come into force from 2026.The document defines how F1 is run -... read more »
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The 10 existing Formula 1 teams are seeking the limit of outfits allowed onto the grid to be reduced from 12 to 10 in the forthcoming Concorde Agreement, according to reports.... read more »
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Two top FIA legal department executives who both had key roles in the recent negotiations of the Concorde Agreements that run until 2026 will be departing the organisation. read more »
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Governance and regulatory director Pierre Ketterer and head of commercial legal affairs Edward Floydd, both of whom had a hand in Concorde Agreement negotiations on behalf of... read more »
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Both Ferrari and Williams have expressed concerns regarding Formula 1’s upcoming Concorde Agreement set to come into effect in 2026. The current agreement struck by Formula One... read more »
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Though F1 now takes a larger slice of the cake, Liberty Media CEO, Greg Maffei is confident that long, drawn-out negotiations over the Concorde Agreement are a thing of the past. read more »
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The current deal that runs from 2021 and 2025 was negotiated by former F1 CEO Chase Carey in what was regarded as a new spirit of cooperation compared to the often... read more »
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Ben Sulayem has noted that it was the FIA's duty to open up an entry process as the Concorde Agreement allows for up to 12 teams, and he's insisted that he was... read more »
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The current Concorde Agreement, F1's crucial three-way commercial deal between the commercial rights holder (Liberty Media-owned FOM), the FIA and the 10 teams covers the... read more »
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Maffei suggests that all parties will benefit from the early conclusion of a new contract while the series is in a strong position and interest is growing worldwide.The current... read more »
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Liberty Media CEO and President, Greg Maffei has said the sport's stakeholders should agree to extend the current Concorde agreement, and "strike while the iron is... read more »
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The Alpine and McLaren teams both have a claim on the Australian's services for 2023. They are obliged by the Concorde Agreement to abide by the decision of the CRB, and... read more »
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F1 is currently attracting interest from American racing marque Andretti Autosport as a potential 11th entry in the near future.But Andretti's plans have been met with a... read more »
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Formula 1 must not lose "core" race weekends from its calendar, says McLaren's Daniel Ricciardo. F1 is currently seeing interest from a number of different... read more »
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Formula 1’s calendar faces a shakeup over the next couple of years that could see historic events drop off to make way for new venues. The 2022 calendar is a record breaker at... read more »