Concorde being a commercial rights agreement that governs the split of monies generated by the sport between the FIA, the teams and the Formula One Administration. This is yet another blow in ...

He noted that the idea of a salary cap had been floated within the sport, but any such change would need to be part of a new Concorde Agreement—the series’ governing contract—meaning for the ...

That would entail the new team entering under the auspices of a new Concorde Agreement, with potentially different conditions to those currently in place. The current Concorde includes a $200 ...

The fee, introduced in the most recent Concorde Agreement – the commercial terms between Formula 1 and the teams – would thus be dispersed between the arriving team’s competitors in order to help ...

What has been established is that the newest Concorde Agreement, the document that governs F1, has not been signed by all the teams even though Bernie Ecclestone said there was unanimous agreement ...

to the Tifosi, which in English means “all good?” The Concorde Agreement is effectively the document that binds F1 together, setting out both the framework of the rules and the commercial ...

It distributes a portion of this revenue—38% in 2023—to the teams based on a formula in the Concorde Agreement, which is the contract between the International Automobile Federation (FIA ...