System 1 has introduced that each one groups have signed the 2026 Concorde Settlement forward of the beginning of the brand new season on the Australian Grand Prix.
The present 10 groups, plus the incoming Cadillac outfit, have agreed the industrial groups with F1’s proprietor Liberty Media, securing the long-term way forward for the collection.
F1 stated in a press release that it has “by no means been in a stronger place and all stakeholders have seen optimistic advantages and important progress”.
It added that it wished to thank “all of the groups for his or her engagement in the course of the course of to achieve the most effective consequence for the game”.
The information follows American producer Cadillac formally receiving approval to develop into F1’s eleventh staff from 2026.
The collection additionally just lately introduced that Stefano Domenicali will stay onboard because the CEO by 2029 after signing a brand new cope with the previous Ferrari F1 staff principal.
Whereas the industrial particulars of the Concorde Settlement have now been agreed, F1 stated the 2026 Concorde Governance Settlement will probably be finalised in “due course”.
