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RAC questions FIA membership over lack of transparency
In an intriguing turn of events, Britain’s Royal Automobile Club motoring club has questioned the value of their membership in the FIA. As a founding member of the FIA and a club since 1897, RAC’s chairman Tom Purves offered a scathing commentary in a letter revealed by The Sunday Telegraph’s Christian Sylt:
“there is a lack of the narrative or detail in the FIA accounts that one would not expect of an international entity, or UK entity. This may be because they are prepared in a way that meets merely the minimum standards required of a French, not-for-profit organisation.”
“as a chairman responsible for the deployment of members’ funds in an appropriate manner, I question...
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10y ago from Formula1Blog.com
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