Financial Performance Soars: €4.7m Earnings Reached in 2024, Highest Gain since 2018
The 2024 Activity Report of the Fédération Internationale de l'Automobile (FIA), presented during the Extraordinary General Assemblies held in 2025, provides an insightful overview of the significant financial and organisational improvements under the presidency of Mohammed Ben Sulayem.
The report details the platform's return to financial health, which occurred during Ben Sulayem's tenure. The FIA recorded an operating result of €4.7m in 2024, marking the strongest financial result since 2018. This impressive financial turnaround is attributed to Ben Sulayem's reforms in governance, transparency, sustainability, and inclusivity.
These reforms have modernised and strengthened the organisation, fostering greater trust and unity among member clubs worldwide, including 29 clubs from the MENA region that endorsed his leadership and vision. This regional backing underscores his role in enabling regions to contribute more meaningfully to the FIA’s global mission, thereby broadening the organisation's reach and financial base.
Ben Sulayem also oversaw operational restructuring efforts, such as the modernisation of race control. While not a direct financial achievement, this initiative has helped restore public trust and potentially boosted the sport's commercial appeal and revenue streams.
The 2024 Activity Report, now available for viewing, further highlights the FIA's financial health and the continued financial improvement beyond its return to financial health. The report does not provide a detailed financial breakdown, but it conveys a picture of enhanced organisational governance and inclusivity, which are foundational to financial stability and growth for the FIA platform.
Ben Sulayem's leadership has been recognised for fostering innovation and integrity, which are crucial for sustainable financial improvements in a global sports federation. His commitment to transparency and accountability is evident in the release of the 2024 Activity Report, demonstrating his dedication to keeping the FIA community informed about the organisation's progress and achievements.
The financial improvements under Ben Sulayem's presidency are evident in the FIA's return to financial health, as detailed in the 2024 Activity Report. His leadership has fostered innovation and integrity, which are essential for sustainable financial growth in the business of global sports.
