Overview

• The FIA and Liberty Global agreed to extend the existing contract by ten years to the end of 2048, with an option to add five more years based on defined criteria
• The exclusive deal blocks any other championship from adopting a fully electric single-seater format until after 2048, effectively delaying an all-electric Formula 1
• Gen4 car development is underway for the 2026/27 season, focusing on permanent all-wheel drive and up to 600 kW of power to exceed current performance benchmarks
• Manufacturers Nissan, Jaguar and Porsche have reaffirmed their long-term involvement even as McLaren completes its scheduled exit following the London finale
• FIA President Mohammed bin Sulayem and Liberty Global CEO Mike Fries hailed the agreement for securing stability, attracting new investment and driving sustainable innovation