Todt responds to Ben Sulayem’s claims of FIA financial deficit

Todt responds to Ben Sulayem’s claims of FIA financial deficit

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Former FIA President Jean Todt has responded to claims made by current President Mohammed Ben Sulayem that he left the

Jean Todt, the former Team Principal at Ferrari and three-time FIA President, responded to claims made by his successor, Ben Sulayem, regarding the FIA’s financial situation. Todt stated in an interview with L’Equipe that when he left his position, the FIA had more than 250 million Euros in reserves and he doesn’t consider it a deficit. He also mentioned that during his tenure, the FIA’s budget tripled with the establishment of new racing series like Formula E, the World Endurance Championship, and the Rally Raid Championship. Todt admitted a patent dispute surrounding the Halo device but emphasized that it was well-documented and presented to the senate and world council before he left. He defended his presidency, stating that his actions were approved by the senate and the financial position of the FIA was strengthened during his time.

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