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Tom Howard

FIA announces landmark deal with new WRC and ERC commercial rights holder

ERC FIA WRC WRC Promoter Mohammed Ben Sulayem Red Bull

The FIA has announced that a deal has been completed to welcome in a new commercial rights holder for the World Rally Championship and European Rally Championship.

The deal, which sees French automotive company Cosmobilis and private credit investor Park Square Capital acquire WRC Promoter GmbH, has been described as the “biggest deal in the history of these championships” by the FIA.

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