Concorde Agreement
The Concorde Agreement is a contract between the Fédération Internationale de l'Automobile (FIA), the Formula One teams (currently represented by the Formula One Teams Association (FOTA)) and the Formula One Administration which dictates the terms by which the teams compete in races and take their share of the television revenues and prize money. There have in fact been six separate Concorde Agreements, all of whose terms were kept strictly secret: The first in 1981, others in 1987, 1992, 1997, 1998, and the current agreement in 2009.