In a stunning financial comeback, the FIA has just revealed its most robust financial performance in nearly a decade, leaving industry experts in awe. The governing body for global motor sport and mobility, headquartered in Geneva, reported a remarkable operating result of €4.7 million for the fiscal year 2024. This achievement stands in stark contrast to the €24 million operating loss the organization faced in 2021, showcasing an incredible turnaround.
Under the leadership of President Mohammed, the FIA’s impressive financial figures have set a new standard in the industry. This revelation comes ahead of the full 2024 Activity Report, which is set to be published in June, further solidifying the organization’s newfound success and stability.
The FIA’s resurgence not only demonstrates effective financial management but also underscores its resilience and adaptability in the ever-evolving landscape of global motor sport. This milestone cements the FIA’s position as a powerhouse in the industry, poised for continued growth and innovation in the years to come.