Concorde Agreement
The Concorde Agreement is a contract between the Fédération Internationale de l'Automobile (FIA), the Formula One teams and the Formula One Group which dictates the terms by which the teams compete in races and how the television revenues and prize money is divided. There have been eight separate Concorde Agreements, all of whose terms were kept strictly secret: The first in 1981, others in 1987, 1992, 1997, 1998, 2009, 2013 and the current agreement for 2021. The secrecy was broken by racing journalist Forrest Bond when the 120+ page 1997 Concorde Agreement was published at the end of 2005 by RaceFax.