WRC drivers react to FIA’s landmark new promoter deal
Drivers are excited for the future of the World Rally Championship following what the FIA has labelled the “biggest deal in history” for rallying. After months of discussions, French automotive company Cosmobilis and private credit investor Park Square Capital have officially acquired WRC Promoter GmbH to take over the commercial rights of the WRC and the European Rally Championship in an ...…
The World Rally Championship (WRC) has witnessed a significant shift in its commercial landscape, with the FIA announcing a landmark deal for new promoters. Cosmobilis, a French automotive company, and private credit investor Park Square Capital have acquired WRC Promoter GmbH, taking over the commercial rights of the WRC and the European Rally Championship. The new owners are expected to bring a long-term deal, possibly lasting 25 years, injecting substantial investment into the sport.
Former Lotus and McLaren Formula 1 team boss Eric Boullier will assume the role of CEO for WRC Promoter. The FIA believes this deal will significantly enhance the sport's growth, with the new vision for the WRC to be unveiled at Rally Paraguay. This development comes after years of discussions and is seen as a crucial step for the WRC to move forward with its new era, including the introduction of radical technical regulations next year.
The news has been met with enthusiasm from the drivers, with Hyundai's Thierry Neuville expressing his hope for collaboration with the new promoters to revitalize the championship. Nine-time world champion Sebastien Ogier, whose future in the WRC remains uncertain, also welcomed the new development, emphasizing the need for fresh perspectives and ambition to elevate the sport.
WRC Rally1 rookie Jon Armstrong shared his optimism about the future, praising the new owners' diverse backgrounds and their potential to bring new ideas to the WRC.
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