Formula 1 is currently in the process of formulating the upcoming Concorde Agreement, and in anticipation of the crucial negotiations that will define the sport’s direction from 2026, Ferrari team principal Fred Vasseur emphasizes the importance of learning from historical experiences.
The Concorde Agreement, governing the commercial interactions between F1, its teams, and the FIA, is poised to undergo its ninth iteration in a span of over four decades, debuting in 1981.
Given Formula 1’s ambitious global expansion plans, the forthcoming agreement holds significant weight. It is not only expected to delineate the financial distribution among teams but is also likely to play a pivotal role in sustaining the sport’s popularity in emerging markets. We take a detailed look on the topic in this video:
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