Racing

FIA Initiates Tender Process for New WRC Promoter

The FIA is actively seeking a new commercial partner to helm the World Rally Championship's promotional endeavors. This initiative comes amidst widespread knowledge that the current promoter has been on the market for over a year, with significant interest already surfacing from diverse international investment groups.

The Federation Internationale de l'Automobile (FIA) has formally announced the commencement of a tender process to identify a new promoter for the World Rally Championship (WRC). This marks the first official confirmation from the sport's governing body regarding the sale of WRC Promoter, a German entity jointly held by Red Bull and KW25. Reports from Reuters in 2024 indicated that WRC Promoter was preparing for this transition, engaging the services of banking giant JPMorgan to scout for potential buyers. The reported valuation for this acquisition stands at approximately €500 million.

Multiple sources suggest a robust interest in this opportunity, with prospective investors from Europe, America, and the Middle East actively participating in the ongoing discussions. Many of these interested parties have even been observed attending WRC events throughout the current season, indicating serious intent.

A statement from the FIA underscored their commitment: \"The FIA's paramount objective is to ensure the WRC capitalizes on its inherent potential, delivering exceptional value to all its stakeholders, encompassing competitors, teams, manufacturers, event organizers, and fans. This pursuit also involves safeguarding the championship's storied legacy.\" The statement continued, emphasizing collaboration with Red Bull and KW25 to identify a commercial rights holder dedicated to sustained investment and securing a bright future for the WRC. This presents a unique opportunity for an incoming entity to elevate the championship and captivate a fresh demographic of enthusiasts.

This development is anticipated to accelerate the sale process, ideally finalizing a deal before the commencement of the 2026 season. Malcolm Wilson, the FIA's deputy president, has made the successful conclusion of this potential sale a key objective since assuming his role in June. Wilson remarked on the WRC's historical significance and future prospects, noting, \"The FIA World Rally Championship, as the longest-running motorsport series of its kind, represents an exhilarating competition globally, boasting a rich heritage and a promising growth trajectory.\"

Mohammed Ben Sulayem, President of the FIA, echoed this sentiment, highlighting the championship's current momentum and growing global appeal, particularly among younger audiences. He underscored the FIA's responsibility to foster this growth and ensure the WRC reaches unprecedented heights. Ben Sulayem expressed confidence that this strategic tender process, coupled with the right partnership, will define the long-term trajectory of the WRC, preserving its proud history while expanding its global footprint for generations to come.

WRC Promoter GmbH took over the commercial rights to the World Rally Championship in 2013, following the bankruptcy of the previous promoter, North One Sports, whose 10-year contract with the FIA was terminated before the 2012 season. Since then, WRC Promoter has been instrumental in enhancing the championship's media presence, notably by establishing WRC+ for select live stages and, more significantly, launching the 'All Live' platform in 2018, which provides comprehensive live coverage of every stage. The company further expanded its portfolio by incorporating World Rallycross in 2021 and the European Rally Championship in 2022. It is worth noting that the FIA has since reassumed promotional duties for the World Rallycross Championship this year.

Unfulfilled Grand Prix Dreams: A Look at F1's Failed Entries

The allure of Formula 1 draws many, but its unforgiving nature ensures only the most robust survive. History reveals a consistent pattern: countless hopefuls, armed with grand ambitions and often insufficient capital, attempt to join the elite racing series, only to find their dreams evaporate. This phenomenon underscores the monumental financial and logistical hurdles inherent in competing at the pinnacle of motorsport.

Chronicles of Unlaunched Grand Prix Ventures

On August 21, 2025, news surfaced regarding the potential revival of the Caterham name in Formula 1 by Saad Kassis-Mohamed Capital, targeting a 2027 entry. This announcement, however, quickly drew skepticism given the immense challenges, particularly the rigorous approval processes by the FIA and commercial rights holders, as recently underscored by Cadillac's arduous bid.

LKY SUNZ (2021/2023): A Fleeting Asian Ambition

Benjamin Durand's journey into the fringes of Formula 1 began in 2019 with the proposed Panthera Team Asia. Intending to emulate Haas's cost-efficient model by leveraging bought-in components, Durand aimed to capitalize on Formula 1's untapped Asian market. Despite claims of a massive $1 billion budget, support from the US-based Legends Sports Advocates Group, and a willingness to contribute $600 million to the anti-dilution fund, the bid for the rebranded LKY SUNZ (meaning 'lucky suns' in Asian cultures) was ultimately rejected in 2023. This failure was largely attributed to a conspicuous lack of detailed technical and financial plans, coupled with an absence of genuine sporting credibility. The company subsequently dissolved in December 2023, leaving behind only the memory of its audacious, yet ultimately unrealized, vision.

Stefan GP (2010/2019): A Serbian Dream Deferred

The saga of Stefan GP and Serbian businessman Zoran Stefanovic is a poignant reminder of past F1 ambitions. Stefanovic's attempts to enter Formula 1 date back to a rejected bid for a spot on the 2010 grid. Undeterred, he acquired assets from Toyota's abandoned F1 project, establishing operations in Cologne and engaging renowned engineers like Enrique Scalabroni and Mike Coughlan. Despite grand pronouncements in February 2010 of securing drivers such as Jacques Villeneuve and Kazuki Nakajima, and even firing up a car dubbed the 'Stefan 01', the project was plagued by logistical and financial ambiguities, including the crucial issue of tire supply. Stefanovic's persistent efforts, including a return to the paddock in 2017, were met with widespread cynicism, and his team never materialized.

US F1 (2010): The American Dream That Wasn't

In the tumultuous wake of the 2008 global financial crisis, the FIA, under Max Mosley, sought to expand the F1 grid, leading to the surprising inclusion of US F1 among the successful bidders in 2009. Led by Ken Anderson, formerly with Haas, and journalist Peter Windsor, the team promised unprecedented transparency, with plans for video documentaries chronicling its progress from its Charlotte, North Carolina base, a hub of American motorsport. However, whispers of delays soon escalated into stark reality. By February 2010, internal sources revealed a dire situation: the car was far from completion, and promised sponsorships, including an $8 million deal with Argentinian driver Jose Maria Lopez, had evaporated. A visit by a trusted racing figure confirmed the team's precarious state, prompting FIA President Jean Todt to dispatch Charlie Whiting for an official inspection. Whiting’s report sealed US F1’s fate, leading to its unceremonious withdrawal just weeks before the 2010 Bahrain season opener.

Team Dubai F1 (2006): A Mirage in the Desert

October 2004 saw the audacious announcement of 'Team Dubai F1', aiming for a 2006 debut with Mercedes engines and McLaren's technical backing, at an estimated annual cost of $100 million. This proposal was immediately met with deep skepticism, particularly given the known availability of existing Formula 1 teams for acquisition. The team's stated reason for not acquiring an existing entity—to demonstrate their unique commitment and excellence—rang hollow. Further doubt was cast by the involvement of John Byfield and Russell King, who had previously been embroiled in financial controversies, including Jenson Button's contractual dispute. Despite claims of possessing $48 million for the necessary entry bond, Team Dubai F1 quickly faded into obscurity. Russell King's subsequent legal troubles, culminating in a six-year prison sentence for fraud and larceny in 2018, further illuminated the dubious foundations of this would-be F1 entry.

Phoenix/DART Grand Prix (2002): Paddock Lockout

The 2002 season witnessed the peculiar case of Phoenix Grand Prix, an entity fronted by Charles Nickerson. Nickerson acquired assets from the defunct Prost team but crucially lacked the official F1 entry paperwork. Despite possessing the Prost AP04 cars and intellectual property, Phoenix was denied access to the paddock at the Malaysian Grand Prix, the second race of the season. The FIA deemed Phoenix a new entry, requiring a substantial entry bond, a claim Nickerson disputed, insisting they were a continuation of Prost. The team’s attempts to use a hybrid setup with Arrows components, despite Arrows’ public distancing, further complicated matters. This desperate effort, including a curious name change to DART Grand Prix, culminated in a High Court battle where Nickerson's case against the FIA and FOM was dismissed, leaving the team with mounting costs and no pathway to the grid.

These historical accounts serve as a stark reminder of the immense financial, technical, and political complexities inherent in Formula 1. Aspiring entrants must possess not only substantial capital but also impeccable planning, robust technical infrastructure, and a clear understanding of the sport's intricate regulations and political landscape. The cautionary tales of LKY SUNZ, Stefan GP, US F1, Team Dubai F1, and Phoenix/DART Grand Prix illustrate that even with promising names or significant financial claims, the path to the F1 grid is fraught with peril for the unprepared or disingenuous. The sport, while glamorous, remains an exclusive and demanding arena where only the truly capable can hope to compete.

See More

Quartararo Open to Racing Yamaha's V4 MotoGP Bike This Season

Fabio Quartararo, a prominent figure in MotoGP, has voiced his readiness to pilot Yamaha's new V4 motorcycle in competitive events this season, provided its lap times are acceptably close to the existing in-line four model. This bold declaration follows Yamaha's less-than-stellar performance at the recent Austrian Grand Prix, a result that has intensified discussions around a potentially earlier-than-planned debut for the V4. Quartararo's proactive stance highlights a growing urgency within the team to address performance challenges and underscores his commitment to pushing the boundaries of what's possible, even if it means embracing a developing technology.

Rider's Resolve: Quartararo's Stance on Yamaha's V4 Integration for MotoGP Season

In the wake of Yamaha's challenging outing at the Austrian Grand Prix, where their machines lagged behind the competition, the spotlight has firmly landed on the development of their new V4 MotoGP bike. French rider Fabio Quartararo, the reigning 2021 world champion and a key asset for the Factory Yamaha team, openly conveyed his eagerness to accelerate the V4's competitive debut. Speaking ahead of the upcoming Hungarian Grand Prix, Quartararo revealed his frustration with Yamaha's cautious timeline, which initially slated the new bike for rider testing no earlier than the Misano test next month. To date, only test riders have had the opportunity to experience the V4, a project that commenced last year.

“I wanted to test it already,” Quartararo stated, indicating his desire for earlier involvement. “I believe they are behind schedule in the bike’s development. My intuition was that we should have tested it sooner, but ultimately, the decision isn't mine. I think there’s a concern that the bike isn’t sufficiently refined or ready for me to evaluate it yet.”

When pressed on the conditions under which he would consider racing the V4 this season, Quartararo expressed a pragmatic perspective. He indicated that if the new V4 machine could demonstrate performance within half a second of the current in-line four, it would be a sufficient benchmark to warrant its immediate entry into races. “For me, if I can achieve a lap time less than half a second slower, I consider that a significant step forward, especially since it would be my inaugural competitive use of the bike,” he elaborated.

Yamaha has maintained a tight lid on specifics regarding the V4, with public testing being conspicuously absent. However, a recent revelation from Quartararo’s teammate, Alex Rins, before last month's Czech Grand Prix, provided a glimpse into its early performance. Rins inadvertently disclosed that the V4 was approximately two seconds off the pace compared to the current machine at that point, underscoring the considerable development curve ahead for Yamaha.

Embracing the Future: A Calculated Risk for Yamaha's MotoGP Aspirations

From a journalist's vantage point, Quartararo's willingness to race Yamaha's V4, even if it's marginally slower, signifies more than just a rider's ambition; it reflects a deep understanding of the competitive landscape and a pragmatic approach to innovation. In an era where technological advancements are paramount in MotoGP, sticking with a familiar, yet underperforming, setup can be more detrimental than embracing a new, albeit imperfect, solution. His stance implies a calculated risk, a belief that early real-world data, even if it comes with initial performance deficits, is invaluable for rapid development. It's a testament to his leadership and forward-thinking mindset, potentially pushing Yamaha to accelerate their R&D and regain their competitive edge. This situation highlights the fine line between patience for perfection and the urgency of progress in high-stakes motorsport.

See More