P1racenews AI automatic summary:
After five years of sustained losses, the FIA is a profitable organisation again.
The FIA reported an operating result of €4.7m from a total operating income of €182m for the financial year 2024-25, showcasing a significant financial turnaround for the organization.
This improvement comes after five years of continuous losses and a 17% increase in operating income compared to the previous year.
The FIA emphasized that it ended the fiscal year without any debt, a positive development for its financial stability.
Under the leadership of President Mohammed Ben Sulayem, the FIA has achieved its best financial performance in nearly a decade, with plans to reinvest excess income into championships like Formula 1 and initiatives focusing on road safety and grassroots motorsports.
The full financial results for 2024/25 will be disclosed in the FIA’s Activity Report in May, leading up to the General Assembly in June.
President Ben Sulayem expressed pride in delivering strong financial results, highlighting the organization’s commitment to governance, transparency, and financial health to drive positive change for its Member Clubs and stakeholders.
