The FIA has confirmed important leadership changes and reported a successful financial year.
- Malcolm Wilson takes over as the new FIA Deputy President for Sport, succeeding Robert Reid.
- Reid resigned due to governance concerns, leading to Wilson’s anticipated appointment.
- The FIA’s financial restructuring has turned a significant deficit into a surplus.
- President Ben Sulayem seeks re-election with widespread regional support.
In a notable shift within the FIA leadership, Malcolm Wilson has been appointed as the new Deputy President for Sport. This change follows the resignation of Robert Reid, who stepped down in April raising issues about the governance under current FIA leadership. Wilson’s appointment wasn’t a surprise, as President Mohammed Ben Sulayem had already nominated him for the role. Wilson brings a wealth of experience from his long-standing career in motorsport, notably as the founder of M-Sport, and his contributions to rallying.
At the FIA General Assembly in Macau, Wilson’s appointment was solidified through a formal vote, where he secured the position with a wide margin. Wilson, expressing his eagerness, said, “I am delighted to take on the role…as the Federation pushes forward with its mission to advance motorsport and develop grassroots initiatives, I look forward to playing a part in helping to shape the future of the sport we love and working with the President.” President Ben Sulayem welcomed Wilson, emphasizing the importance of his role and the vast expertise he brings. “Having competed for over 40 years at the highest level, both as a driver and technical partner to teams, his expertise will be invaluable,” Ben Sulayem stated.
Malcolm Wilson’s appointment was part of a productive day for the FIA. The organization also announced a strong financial turnaround in its 2024 Activity Report. President Ben Sulayem, who inherited a challenging financial situation in 2021, highlighted the successful restructuring efforts that led to a positive operating result. The FIA turned a significant -€24.0m deficit in 2021 into a €4.7m profit in 2024, reflecting a robust increase in operating revenues.
The balance sheet showed further confidence with an increase of €16.5 million compared to the previous year, contributing to a total of €235 million. Ben Sulayem expressed his pride in the financial stability achieved for the first time in eight years, marking a pivotal moment that ensures ongoing support for Member Clubs and initiatives in innovation and sustainability.
Looking ahead, Ben Sulayem is gearing up for a potential re-election campaign. He currently enjoys strong support from various regional member clubs across Africa, Europe, America, and the Middle East, positioning him favorably as he seeks to continue his presidency. Although speculated candidates like Carlos Sainz have decided against entering the race, Ben Sulayem’s popularity seems unchallenged for the time being.
The FIA is in a strong position with new leadership and a stable financial outlook, poised for continued growth and development in motorsport.
