FIA Completes ‘Deal of the Century’ for FIA World and European Rally Championships
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.
- As the organization prepares for major regulatory overhauls under WRC27, 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 to connect the automotive ecosystem, aiming to establish the WRC and ERC as 'world-class global brands' driven by sustainable growth.
15 Articles
15 Articles
FIA 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.
Dubai (The National) – The FIA, the global governing body for motorsport and the federation of mobility organizations worldwide, today announced a landmark long-term commercial broadcasting rights agreement for the World Rally Championship (WRC) and the European Rally Championship (ERC). This agreement follows the acquisition of WRC promoter GmbH by Cosmobilis and Park Square Capital. The deal is the largest in the history of both championships …
Rallying-Cosmobilis and Park Square Capital acquire WRC commercial rights
July 31 : French automotive group Cosmobilis and private credit investor Park Square Capital acquired the commercial rights to the World Rally Championship on Friday in what the governing body hailed as the "deal of the century" for the sport.The International Automobile Federation (FIA) said the long-term a
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