P1racenews AI automatic summary:
The new FIA rule that impacts every F1 team
The FIA has announced the signing of a new Concorde Governance Agreement by all 11 F1 teams, bringing significant changes for 2026. This follows a negotiation period between F1’s governing body and Formula One Management, outlining how the championship will be managed until 2030. The ninth agreement introduces alterations such as revised entry fees payment methods and adjustments to the voting structure of F1 commission meetings. Notably, every F1 team will now be required to display the FIA logo on the nose of their cars, increasing the governing body’s visibility in the paddock for the upcoming season. The implementation of these changes aims to promote sporting fairness, innovation, and excellence in F1, with a portion of increased entry fees earmarked for stewarding improvements. President of the FIA, Mohammed Ben Sulayem, lauded the new agreement as securing the long-term future of the FIA Formula One World Championship, emphasizing the collaboration with FOM and the dedication to building a fair, stable, and ambitious framework for the sport. This collaboration allows for continued modernization of regulatory, technological, and operational capabilities in the sport, ensuring its growth and development.
