The current Concorde Agreement, F1’s crucial three-way commercial deal between the commercial rights holder (Liberty Media-owned FOM), the FIA and the 10 teams covers the 2021-2025 period.
With two more years remaining beyond the current season, there’s no rush to thrash out a fresh deal, but in a recent call with Wall Street analysts Liberty Media president Greg Maffei said he was keen to “strike while the iron is hot” and use F1’s strong momentum to agree to new terms well ahead of time.
“We have several years left to run on the Concorde Agreement,” Maffei said.
“But I think there’s a consensus among the teams and the …