Rallying-FIA announces tender for new WRC promoter
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The FIA has announced a tender process to replace Red Bull and KW25 as commercial rights holders of the World Rally Championship (WRC). JPMorgan will act as financial advisor in this transition. The WRC, which has been popular since its inception in 1973, is seeking a new promoter to enhance its global reach and investment opportunities. The championship has a significant television audience and is exploring new venues, including a potential round in the United States. FIA officials express confidence in finding a suitable partner to elevate the championship's future.
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