Three years ago I inherited a Federation in need of direction. Since then we have worked hard to build strong foundations on which to grow this proud organisation.
Together we have driven innovation, promoted stability, and delivered on the commitments of my manifesto.
2024 marked the beginning of a new chapter for the FIA.
This year we have seen a major financial turnaround.
After our considered restructuring, the FIA is back in the black, posting a €4.7 million profit, our best operating result in seven years, and the first positive result since 2018.
This milestone secures our future and allows us to reinvest in our mission.

In Sport, we saw a landmark year, from grassroots to our World Championships.
The launch of the 2026 Formula 1 Regulations set the stage for a new era of more exciting and more sustainable competition. Inspired by these changes, new manufacturers will be joining the grid next year, including Audi, Ford, and, significantly, Cadillac marking the arrival of an 11th team and a proud personal milestone.
Our other championships also thrived.
We launched the WRC27 Regulations in the FIA World Rally Championship, introduced Gen3 Evo in the ABB FIA Formula E World Championship, and welcomed Genesis to the Hypercar class in the FIA World Endurance Championship for 2026. The FIA Motorsport Games, hosted in Valencia, were our most diverse ever with 82 nations represented and widespread female representation.
We made strong progress towards our goal of doubling global participation in motor sport. The FIA Global Karting Plan, Affordable Cross Car project, and continued development of Motor Sport in a Box are making the sport more accessible than ever.
These efforts are guided by our Vision 2030: FIA Motor Sport Strategy, focused on the five pillars of accessibility, inclusion, innovation, sustainability, and reinvestment.
And, in November we launched the first ever FIA Officials Department, supporting and empowering the next generation of officiating talent.
In Mobility, we empowered Clubs and Regions to meet future challenges.
We launched the FIA Innovation Challenge and advanced road safety through the FIA Road Safety Index, which earned the 2024 NCAP Innovation Award.
To support Club growth, I launched the FIA President’s Development Fund, which backed the first phase of Safe Mobility 4 All & 4 Life, in partnership with UNITAR and the FIA Foundation. This initiative will be going global via FIA University, which also expanded with new leadership programmes and e-learning tools.
We continued to digitalise our vast e-Library preserving the rich history of the FIA, motor sport, and mobility for future generations.
And finally, the United Against Online Abuse campaign reached new heights, publishing the first Online Abuse in Sport Barometer and securing €400,000 in EU funding to expand its reach.
With the FIA now more resilient, inclusive, and innovative than ever, we are well positioned to lead the way across the dual pillars of Sport and Mobility for years to come.
Yours sincerely,
Mohammed Ben Sulayem
FIA President