FIA Announces New Commercial Rights Agreement for WRC, ERC
The FIA called it the biggest deal in championship history as the new owners plan fresh investment and a major growth push for rallying.
- On Friday, French automotive group Cosmobilis and private credit investor Park Square Capital acquired commercial rights to the World Rally Championship and European Rally Championship, launching a long-term partnership with the Fédération Internationale de l'Automobile.
- The FIA hailed the agreement as the 'deal of the century,' marking the biggest transaction in the championships' history and replacing previous rights holders Red Bull and German investment firm KW25.
- Former Formula One team boss Eric Boullier will serve as CEO of WRC Promoter, while Park Square Capital—which manages more than $22 billion—provides strategic support and capital to drive the sport's growth.
- With WRC27 regulations approaching in 2027, the FIA will establish a new growth fund to drive development, aiming to make rallying more accessible and competitive at all levels.
- Cosmobilis Chairman and CEO Jean-Louis Mosca said the acquisition creates an international platform connecting the automotive ecosystem, aiming to establish the WRC and ERC as 'world-class global brands' driven by sustainable growth.
23 Articles
23 Articles
The World Rally Championship promoter WRC Promoter GmbH has been sold to French company Cosmobilis and investment firm Park Square Capital. The International Automobile Federation (FIA) estimates that this is the largest investment in the future of rallying ever.
Ilta-Sanomat follows the Finnish World Rally Championship.
Rutland Herald
Carroll County Mirror-DemocratFIA Completes ‘Deal of the Century’ for FIA World and European Rally Championships
PARIS--(BUSINESS WIRE)--Jul 31, 2026-
The International Automobile Federation announced this Friday the new owners of the world championships and of Europe rallies.
FIA announces new commercial rights agreement for WRC, ERC
The FIA has announced a new long-term commercial rights agreement for the FIA World Rally Championship (WRC) and FIA European Rally Championship (ERC). It follows the acquisition of WRC Promoter GmbH by Cosmobilis and Park Square Capital. Cosmobilis and Park Square Capital have outlined an intention to take the WRC...
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