‘Deal of the century’: FIA announce rights for World and European Rally Championships

DUBAI: The Federation Internationale de l’Automobile, the global governing body for motor sport and the federation for mobility organizations worldwide, has announced a landmark long-term commercial rights agreement for the FIA World Rally Championship and FIA European Rally Championship.

It follows the acquisition of WRC Promoter GmbH by Cosmobiliz and Park Square Capital.

The biggest deal in the history of these championships, this agreement marks a new chapter for the WRC and ERC.

Supporting the FIA’s vision under President Mohammed Ben Sulayem, it will bring significant new investment into the sport, helping to strengthen and grow its world-class motor sport portfolio for years to come.

Ben Sulayem said: “This is truly the deal of the century for rallying, and I am proud to announce this transformative step forward, and never-before-seen levels of investment.

“Not only will it deliver real benefits to fans, competitors and our member clubs worldwide, but this investment signifies confidence in the future of our sport as its global popularity continues to grow.

“Through this agreement, rallying will become more accessible, more competitive, and more commercially successful. As the sport grows, the FIA will continue to focus on the strong governance and regulations that provide the foundations for rallying’s long-term success.

“The future of our championships is at the heart of every decision we make, and we have ensured that we not only secure the right partner for today, but one who shares our long-term vision,” Ben Sulayem added. “My thanks to FIA Deputy President for Sport Malcolm Wilson and his dedicated team for delivering this, and I am looking forward to working closely with our new promoter.

“Rallying