Ferrari has signed the so-called 'Agreement for Concord' which regulates the participation of the Scuderia in the Fia Formula One World Championship for the five-year period 2021-2025. It can be read in a note indicating that the agreement has been signed with the Fédération Internationale de l'Automobile (Fia) and with the Formula One World Championship (Formula One) and defines the regulatory and governance aspects for what is recognized as the 'maximum car competition'.
Ferrari remembers being "the only team that has taken part in all editions of the Formula One World Championship from 1950 to today". In addition, "with a fan base of over 400 million worldwide, Ferrari remains the team with the most success, both in terms of Drivers (15) and Constructors (16) world titles and event wins (238). and is preparing to be the first to cross the finish line of the 1000 Grands Prix held on 13 September at Mugello ". "We are pleased - commented CEO Louis Camilleri - to have renewed what is known as the Concorde Pact, which will govern Formula One for the next five years". According to him, Soi is "a fundamental step to ensure the stability and growth of this sport". "We are very confident - he added - that the collaboration with the FIA and Liberty Media will make Formula One even more attractive and spectacular, while preserving its characteristics of maximum technological challenge". After all, according to the manager, "racing is in Ferrari's DNA and it is no coincidence that the Scuderia is the only team that has participated in every edition of the Fia Formula One World Championship, becoming an integral and essential part of its success. , today as in the past and, above all, in the future ". Equally happy said Jean Todt, president of the FIA and former CEO and general manager of Ferrari, who underlined how Maranello is "one of the first signatories of the new Concorde Agreement, a tripartite agreement that will ensure a stable and prosperous future for the FIA. Formula One World Championship ", which Todt himself defines as" the highest expression of motor racing ". "It is natural - according to him - that the most successful team in the history of the championship has always been the protagonist and continues to be so for many years to come". For Chase Carey, president and CEO of Formula One, "Scuderia Ferrari and Formula One have historically been linked to each other since 1950 and we are happy that this relationship can continue for a long time to come because it is part of the very DNA of this sport". "In the path that led to the definition of the new Concorde Agreement - he underlines - we were able to appreciate the constructive role of Ferrari, always aimed at making the maximum car competition stronger, fairer and more sustainable". "Now - concludes Carey - all conditions are in place to collaborate together for an even more spectacular and attractive Formula One for the hundreds of millions of fans around the world who love him".