Ferrari set to keep bonus payment in new F1 Concorde Agreement – but now capped

Teams are in discussions with F1 owners Liberty Media over the terms of the new Concorde Agreement that is due to come into force from 2026.The document defines how F1 is run – with one agreement relating to the regulatory framework of grand prix racing, and another outlining the commercial terms.Draft outline terms were recently sent to teams as the next step of this progress, ahead of what are …Keep reading