Overview

• The Miami Grand Prix contract has been extended through 2041, marking the longest agreement in Formula 1 history and solidifying the sport's U.S. presence.
• Teams are diversifying supply chains and payment strategies to mitigate risks from U.S. tariffs, which have significantly impacted companies like GM and Haas.
• Drivers, led by GPDA chairman George Russell, demand changes to the FIA's penalty catalog, particularly regarding sanctions for swearing, and await concrete updates.
• FIA President Mohammed bin Sulayem has acknowledged driver feedback and is considering adjustments to the International Sporting Code's Annex B.
• European-based teams remain largely unaffected by U.S. tariffs, but uncertainty looms over North American market dynamics and sponsorships.