Concorde Agreement

E384129

The Concorde Agreement is a series of confidential contracts that define the commercial, financial, and governance framework of Formula One, including how revenues are shared and how teams participate in the championship.

All labels observed (1)

Label Occurrences
Concorde Agreement canonical 1

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf Formula One commercial agreement ⓘ
sports governance contract ⓘ
appliesTo Formula One ⓘ
surface form: Formula One World Championship
associatedWith Bernie Ecclestone ⓘ
Formula One Management ⓘ
Liberty Media ⓘ
covers commitment of teams to participate in all championship races ⓘ
entry conditions for teams ⓘ
governance structures for decision‑making in Formula One ⓘ
penalties for breach of participation obligations ⓘ
sponsorship revenue distribution ⓘ
television rights revenue ⓘ
use of Formula One World Championship commercial rights ⓘ
voting procedures on sporting and technical matters ⓘ
defines commercial framework of Formula One ⓘ
financial framework of Formula One ⓘ
governance framework of Formula One ⓘ
ensures long‑term participation commitments from teams ⓘ
predictable revenue distribution model ⓘ
hasCharacteristic confidential ⓘ
multi‑party contract ⓘ
hasVersion first Concorde Agreement signed in 1981 ⓘ
subsequent Concorde Agreements signed in later years ⓘ
influences competitive balance in Formula One ⓘ
team budgets through revenue distribution ⓘ
involvesParty Fédération Internationale de l’Automobile ⓘ
surface form: FIA

Formula One commercial rights holder ⓘ
Formula One teams ⓘ
isBasisFor teams’ entitlement to prize money ⓘ
teams’ right to compete in the championship ⓘ
language English ⓘ
legalNature private contract ⓘ
namedAfter Place de la Concorde ⓘ
surface form: Place de la Concorde in Paris
purpose to align interests of teams, FIA, and commercial rights holder ⓘ
to provide stability to Formula One’s commercial structure ⓘ
regulates distribution of prize money in Formula One ⓘ
participation of teams in the championship ⓘ
relationship between teams and Formula One’s commercial rights holder ⓘ
relationship between teams and the FIA ⓘ
revenue sharing in Formula One ⓘ
rights and obligations of Formula One teams ⓘ
requires approval by the FIA ⓘ
signature of all participating teams ⓘ
signedAt Place de la Concorde ⓘ
surface form: Place de la Concorde, Paris
subjectArea motorsport governance ⓘ
sports commercial rights ⓘ
sports finance ⓘ
timeSpan multi‑year contractual periods ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Formula One (as team owner) → governedBy → Concorde Agreement ⓘ