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Eric Boullier appointed CEO of new WRC promoter after FIA long‑term commercial rights deal
The Fédération Internationale de l'Automobile (FIA) announced a landmark long‑term commercial rights agreement for the World Rally Championship (WRC) and European Rally Championship (ERC). The commercial rights were transferred to French automotive‑technology platform Cosmobilis and private‑credit investor Park Square Capital following their acquisition of WRC Promoter GmbH. The FIA described the transaction as the biggest commercial agreement in the history of the two championships. FIA President Mohammed Ben Sulayem said the deal will bring significant new investment and strengthen the sport’s portfolio. Former Formula 1 team principal Éric Boullier was appointed chief executive officer of the newly owned promoter. New technical regulations are slated for 2027 to cut costs, improve safety and increase competition, and the FIA will set up a Growth Fund to support rally development at all levels. The agreement is intended to expand the global audience, enhance the fan experience and raise the visibility of the WRC and ERC worldwide.
Entities
Cosmobilis · European Rally Championship · Fédération Internationale de l'Automobile · Fédération Internationale de l'Automobile (FIA) · Mohammed Ben Sulayem · Park Square Capital · World Rally Championship · Éric Boullier
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 4 SOURCES] The deal is described as the biggest commercial agreement in the history of the WRC and ERC. onlinemediacafe.com · aijourn.com · businessnewsweek.in · de.motorsport.com
- [● 6 SOURCES] Eric Boullier was appointed chief executive officer of the WRC Promoter. www.rallit.fi · de.motorsport.com · www.racefans.net · lemagsportauto.ouest-france.fr · onlinemediacafe.com · +1 more
- [● 5 SOURCES] FIA President Mohammed Ben Sulayem said the agreement will bring significant investment and strengthen the rally sport portfolio. onlinemediacafe.com · aijourn.com · www.mundodeportivo.com · businessnewsweek.in · de.motorsport.com
- [● 5 SOURCES] Cosmobilis and Park Square Capital acquired WRC Promoter GmbH. onlinemediacafe.com · aijourn.com · www.extra.ec · businessnewsweek.in · de.motorsport.com
- [● 7 SOURCES] The FIA transferred the long‑term commercial rights of the World Rally Championship and European Rally Championship to Cosmobilis and Park Square Capital. onlinemediacafe.com · aijourn.com · www.extra.ec · www.mundodeportivo.com · www.expreso.ec · +2 more
- [● 6 SOURCES] New technical regulations for the WRC will take effect in 2027 to reduce costs, improve safety and increase competition. onlinemediacafe.com · aijourn.com · www.mundodeportivo.com · www.expreso.ec · businessnewsweek.in · +1 more
- [● 4 SOURCES] The FIA will establish a Growth Fund to support rally development at all levels. onlinemediacafe.com · aijourn.com · de.motorsport.com · businessnewsweek.in
- [● 5 SOURCES] The agreement aims to expand the global audience and enhance fan experience for the WRC and ERC. onlinemediacafe.com · aijourn.com · www.expreso.ec · businessnewsweek.in · de.motorsport.com