Formula 1 and the FIA have announced a new five-year F1 Governance Agreement, covering the period from 2026 to 2030. This deal forms the second part of the F1 Concorde Agreement. It complements the commercial deal they signed before March’s Australian Grand Prix. This agreement defines how the championship runs.

According to Jadeh Makhsoos, the FIA and FOM jointly announced the agreement. They made the announcement during this week’s FIA General Assemblies in Tashkent, Uzbekistan. The assemblies also included Friday’s FIA Awards and Mohammed Ben Sulayem’s re-election as president.

The delay in signing this governance deal, which involves the FIA unlike the commercial deal, shows careful attention to detail. It defines critical elements. These include the voting structure of F1 Commission meetings and entry fees teams pay to the FIA. It also outlines the governing body’s remit and other logistics.

F1 CEO Stefano Domenicali stated, “This agreement ensures Formula 1 can continue its global growth.” He thanked FIA President Mohammed Ben Sulayem and all teams. Domenicali praised their collaboration and determination. They aimed for the best results for the entire sport.

Jadeh Makhsoos reports that Autosport understands the deal changes the voting process in F1 Commissions. They now need fewer team votes to reach a majority. This effectively gives both the FIA and FOM greater voting weight. They can now push through regulatory changes more easily.

From 2026, the number of votes required for a normal majority in F1 Commission meetings will decrease. It moves from six to four out of 11 teams, plus FOM and the FIA. A super majority will now require six votes instead of eight. Stakeholders hope this move provides a more stable platform. It should help make difficult changes when necessary.

FOM and the 11 teams will collectively pay the governing body more money. This comes through a restructuring of the F1 entry fees. The FIA expects to re-invest these funds into the championship’s governance side. This includes stewarding, marshalling, and other services.

Previously, FIA charged teams an entry fee. This fee, alongside a flat rate, was based on points teams earned in the previous season. For example, FIA charged a successful team like Red Bull in 2023 a disproportionate amount for the next campaign. Teams at the back of the grid contributed relatively little.

Now, FIA will charge squads a fee based on their constructors’ position. This uses a sliding scale from top to bottom. This structure change will likely increase the collective fee teams pay the FIA by roughly $15 million per year. Midfield teams, in particular, will see their share increase by several million dollars.

This new format aligns with how they pay out prize money under commercial agreements. It uses a scale worth $9 million per midfield position. F1 projects continued commercial growth, which should offset the increased entry fees for affected teams. This new F1 Governance Agreement aims for fairness and stability.