All Formula One teams, including Cadillac, have signed the new 2026 Concorde commercial agreement to ensure the sport’s long-term economic stability, as announced at the Australian Grand Prix in Melbourne. The agreement involves the FIA, led by Mohammed Ben Sulayem, and will govern financial aspects until 2030, replacing the current Concorde Agreement expiring in 2025. Additionally, Formula One’s CEO Stefano Domenicali’s contract has been extended until the end of 2029, signaling a positive outlook for the sport’s future growth and development.
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