Mohammed Ben Sulayem has been re-elected as FIA president. In anticipation of the radical changes coming in 2026, the teams, the FIA, and Formula 1 have signed a new Concorde Agreement, valid from 2026 to 2030.
Brown and Wolff look to the future
McLaren team principal Zak Brown praised the president for this achievement: “The greatest accomplishment of the president so far has been successfully completing the Concorde Agreement for 2026 and beyond discreetly, away from media attention, and in a fair and balanced manner.”
“I think the sport has never been in better health: there is a strong focus on what is right for the sport, and naturally this has been driven by the president and Stefano [Domenicali] working closely together. I am very pleased with how things are progressing.”
Mercedes team principal Toto Wolff also reflected on the current situation. First, he spoke about the president, stating: “He has a very broad knowledge of motorsport, extending beyond Formula 1. He has invested in motorsport and allocated significant funds to safety.”
“Formula 1 is in a very positive moment, and we must continue to drive its development. The president, FIA, Liberty Media, and teams must be aligned to guide the sport into its next phase, without taking anything for granted,” he concluded.
The year 2025 was a turning point, as criticism toward race officials and their decisions increased, leading to real changes. The Concorde Agreement now allocates greater funds for them: race directors, marshals, stewards, and other key figures who currently work as volunteers.
The coming years could truly be crucial in the history of Formula 1, aiming to create a sport that is fairer and more consistent.
As the sport transitions into this new regulatory cycle, the focus remains on ensuring that the explosive commercial growth seen in recent years is matched by technical and organizational stability. By securing the commitment of all ten teams through 2030, Formula 1 has built a foundation that allows for long-term strategic planning, ensuring that the spectacle on track remains the priority while safeguarding the financial integrity of the entire paddock.
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