FIA announces new commercial rights agreement for WRC, ERC

The FIA has announced a new long-term commercial rights agreement for the FIA World Rally Championship (WRC) and FIA European Rally Championship (ERC). It follows the acquisition of WRC Promoter GmbH by Cosmobilis and Park Square Capital. 

Cosmobilis and Park Square Capital have outlined an intention to take the WRC and ERC to the next level, putting fans at the heart of the sport and making rallying more exciting, accessible, and engaging. To deliver this vision, the new promoter has built a team of experts, led by newly-appointed CEO Éric Boullier, whose resume includes senior managerial roles with the Renault, Lotus and McLaren F1 teams.

“I take on this challenge with enthusiasm and determination, but also with humility and a strong sense of responsibility – to make these exceptional championships even more compelling," said Boullier.

"Alongside the FIA and our partners, we want to make every round a spectacular event, designed to thrill fans around the world. The goal is clear: to establish the WRC and ERC as world-class global brands and a driver of sustainable growth, closely aligned with today’s technological and environmental challenges.”

"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," said FIA President Mohammed Ben Sulayem.

“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.

“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. 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 is a huge part of my personal story, it has shaped who I am and how I work, and I am deeply committed to its future. This is an important moment for our sport and as we enter a new era I am proud that we have a new partner in place to help us drive forward the bright future of these championships.”