Formula 1 management, governing body the FIA and all 11 teams have signed the latest 2026 Concorde Governance Agreement, which sets out how the series is run for the next five seasons.
The governance agreement forms the second part of the F1 Concorde Agreement, sitting alongside the commercial deal that was signed ahead of March’s Australian Grand Prix and will cover the period between 2026 to 2030.
It defines critical elements of how the championship is run, including the voting structure of F1 Commission meetings, entry fees paid by the teams to the FIA, the remit of the governing body and other logistics.
The FIA and FOM jointly announced the agreement in the margins of this week’s FIA General Assemblies in the Uzbekistan capital of Tashkent, which includes Friday’s FIA Awards and Mohammed Ben Sulayem’s re-election as FIA president.
Autosport understands that as part of the deal, both FOM and the 11 teams will collectively pay the governing body more money through a restructuring of the F1 entry fees, which the FIA is expected to re-invest in the governance side of the series, including stewarding, marshalling and other services.
It is also understood there has been a change to the voting process in F1 Commissions, with fewer team votes now needed to reach a majority, effectively giving both the FIA and FOM a bigger voting weight to push through regulatory changes.
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Photo by: Giuseppe Cacace – AFP – Getty Images
From 2026, the number of team votes needed for a normal majority in F1 Commission meetings has been reduced from six to four out of 11 teams – plus FOM and the FIA – while a super majority will now take six out of 11 teams instead of eight. It is hoped the move gives the series a more stable platform to make difficult changes when necessary.
The FIA had long been keen to get a bigger slice of the revenue after seeing F1’s popularity grow since the last Concorde Agreement was signed five years ago, amid calls from competitors for it to invest in professionalising stewarding and other services it provides to the series.
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– The Autosport.com Team
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