In 2001 the FIA gave undertakings to the European Commission about its commercial and regulatory role in the Formula One World Championship. The agreement between the FIA and the Brussels Competition Directorate General was published in the Commission's Official Journal (pdf) on the June 13 2001.The Commission's notice confirms that the FIA agreed to modify its arrangements 'to establish a complete separation of the commercial and regulatory functions in relation to the Formula One World Championship and the FIA World Rally Championship where new agreements are proposed which place the commercial exploitation of these championships at arms-length'. The Commission also noted that the FIA...
Full Story »