At an extraordinary meeting held today in Paris the FIA World Motor Sport Council confirmed the 100-year agreement for the commercial rights of the FIA Formula One World Championship with the company SLEC, represented by Mr. Thomas Haffa and Mr. Dieter Hahn, and with FOA/FOM, represented by Mr. Bernie Ecclestone.

This agreement will not affect in any way the current Concorde Agreement, which expires the 31 December 2007.

This is a further important step by the FIA towards complying with the European Commission’s requirement to separate commercial and promotional activities from the sport.

SLEC and the Kirch Group have confirmed that the Championship will continue to be shown on free – to – air television.

For further information, please contact:

Anne-Marie Guichon
Press Officer
Tel: +41 22 544 44 00
Fax: +41 22 544 44 53
E-mail: amguichon@aitfia.ch