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Tom Howard

New commercial rights holder announced for the WRC and ERC in landmark deal

ERC WRC FIA 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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