Ferrari in turn signs the Concorde Agreement

Ferrari is this time on the podium. After McLaren, the Scuderia is the second team to announce having signed the Concorde Agreement, which will outline the contours of the Formula 1 from 2021 until 2025. A month ago she was still with McLaren one of the most favorable to the imminent signing of the Agreements. At the end of 2019, she announced that she was in line with most of the text.

“This is an important step to ensure the stability and growth of the sport” commented Louis Camilleri, Ferrari's managing director. “We are very confident that the collaboration between the FIA ​​and Liberty Media can build a more attractive and spectacular Formula 1, while preserving its status as the ultimate technological challenge. »

By signing the Accords, Ferrari commits to remaining in the discipline, as it always has since 1950. “Racing is in Ferrari's DNA and it is no coincidence that the Scuderia is the only team to have participated in all editions of the world championship, becoming an integral and essential part of its success, today , in the past and especially in the future. »

There are still eight teams to officially sign.