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F1 management and FIA reach peace agreement to stop infighting and align on behalf of global series

2024-06-03 21:17:39 [opinions] Source:International Issue news portal

The contempt between Formula 1 and its governing body has softened, with both sides announcing Wednesday they’ve agreed “to commit to a strategic plan for the future of F1.”

FIA President Mohammed Ben Sulayem told The Associated Press at the Miami Grand Prix earlier this month that his relationship with F1 CEO Stefano Domenicali “has never been better” and the two were working to further strengthen an alliance.

In a Wednesday statement given to the AP on behalf of both the FIA and Formula One Management, the two sides announced they have developed a working relationship to benefit F1.

“The FIA Formula 1 World Championship has never been so strong and is growing globally, and the FIA and Formula 1 are committed to delivering the best outcomes for the whole sport,” the statement said. “To that end, both parties are developing a new strategic plan that will allow us to seize the opportunities and further enhance the potential for F1 in the years ahead.”

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