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    FIA: 11 teams agree to new Concorde Agreement ahead of the 2026 season

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    Formula 1 has announced its 11 2026 teams have all signed up to the commercial framework of the new Concorde Agreement.
    The Concorde Agreement is a contract between F1, its governing body the FIA and the teams who compete in the series. It defines how F1 is run – with one agreement relating to the regulatory framework of grand prix racing, and another outlining the commercial terms.
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