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Reading: Ben Sulayem Guides FIA to €4.7m Surplus, Brings in New Era of Growth
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alt="Ben Sulayem Guides FIA to €4.7m Surplus, Brings in New Era of Growth"
The Arabian News > Economics > Ben Sulayem Guides FIA to €4.7m Surplus, Brings in New Era of Growth
Economics

Ben Sulayem Guides FIA to €4.7m Surplus, Brings in New Era of Growth

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FIA President Mohammed Ben Sulayem has guided the Fédération Internationale de l’Automobile (FIA) to a stunning financial turnaround, reporting the best fiscal performance in over nine years. The federation recorded a €4.7 million operating surplus, a huge improvement that heralds fresh financial vitality and strategic growth.

Under the helm of Ben Sulayem, the FIA implemented measured cost-cutting, increased transparency, and improved operations. This financial turnaround is an indication of a move towards more sustainable administration and efficient allocation of resources in its international motorsport and mobility platforms.

The news follows the FIA’s plans to increase its presence in electric mobility, grassroots-level motorsport development, and safety efforts. Authorities attribute the surplus to enhanced budgetary prudence, commercial sponsorships, and the process of modernizing departments.

Ben Sulayem underscored that the financial turnaround is only the start. “This surplus is a testament to our intent to create a future-proof FIA—strong, transparent, and innovative,” he said. Investors now look for an era of strategic investment and global reemergence for the group.

 

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