FIA reveals financial turnaround based on robust governance and sustainability model
Sport newsFinancial results to date for 2024 are marked by a significant reduction of the FIA’s operating costs driven by an increase in revenues and savings.The improved operating status, confirmed during both World Council meetings in Kigali, shows a return to profitability despite a number of new initiatives.The FIA forecasts an operating result of €2.2m in 2024 – a remarkable improvement given that it stood at €-24.0m in 2021. The forecast operating result would be the best…
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