Formula 1 has confirmed that all eleven Formula 1 teams, including Cadillac, have signed the new Concorde Agreement for 2026.
The Concorde Agreement is a contract between Formula One Management, the FIA, and the teams participating in the championship. The agreement stipulates rules and commercial conditions.
“Formula 1 can confirm that all teams have signed the Concorde Agreement for 2026, thereby securing the sport’s economic strength in the long term,” reads an official statement. “Formula 1 has never been in a stronger position, and all stakeholders have seen positive benefits and significant growth. We thank all teams for their involvement in this process to achieve the best result for the sport.”
