[REVISION HISTORY]
FIA WRC & ERC rights acquisition – new era
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2026-08-04 10:23 UTC → 2026-08-04 13:33 UTC ·
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FIA WRC & ERC rights acquisition – new era
In late July 2026 the Fédération Internationale de l'Automobile (FIA) announced FIA confirmed a landmark long‑term 25‑year commercial‑rights agreement for the World Rally Championship (WRC) and European Rally Championship (ERC). The rights were transferred Championship, transferring the promoter to a consortium of French automotive‑technology platform Cosmobilis and private‑credit investor private‑equity firm Park Square Capital following their purchase of WRC Promoter GmbH. Capital. Former Formula 1 team principal Éric Boullier was named appointed chief executive officer of officer, with former FIA vice‑president Malcolm Wilson supporting the newly owned promoter. transition. The FIA described the transaction deal as the biggest commercial deal transaction in the series’ history of the two series and said it would bring new investment, announced a Growth Fund to support back rally development at all levels, and development, as well as new technical regulations slated for 2027 to cut aimed at cutting costs, improve improving safety and increase boosting competition. The owners reiterated these plans in early August, confirming the acquisition’s completion and emphasizing goals to expand the global audience, enhance fan engagement and align the championships with emerging technological and environmental priorities. The first event under the new management is scheduled for Rally Paraguay later in August 2026, marking the start of the “new era” promised by the consortium. Drivers such as Thierry Neuville welcomed the change, citing hopes that the fresh commercial rights and fan‑focused approach will restore the championship’s prestige.
Versions
- 2026-08-04 13:33 UTC FIA WRC & ERC rights acquisition – new era
- 2026-08-04 10:23 UTC FIA WRC & ERC rights acquisition
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