New way ahead for Sportscars.
A new company has taken over the management of the FIA Sportscar Championship. International Sportscar Ltd (ISL) has been formed by the Directors of the current promoter of the FIA Sportscar Championship, and Stephane Ratel, whose successful SRO company manages and promotes the excellent FIA GT Championship and the popular LG Super Racing Weekend series.
Stephane Ratel will take up the post of Chief Executive Officer of the new enterprise, with current Chief Operating Officer of the FIA Sportscar Championship, Steve Lydon, retaining his existing role, with responsibility for the day-to-day running of the Championship.
The Directors of the new company stressed that the new arrangement will try to avoid any clashes between GT and Sportscars, nor is there any intention for the two Championships to merge.
The new company will benefit from a pooled marketing and promotion effort, and will undoubtedly benefit from SRO's acknowledged marketing and PR expertise. The FIA Sportscar Championship's burgeoning television coverage is set to be enhanced further for 2003, with programmes scheduled to be broadcast in no less than 26 territories around the world. Further unified strengths of the new arrangement will include an appropriate calendar and strong support packages.
Stephane Ratel commented : "This represents an exciting new challenge for me. Most of motor sport has suffered a difficult time in the last 12 months, but with the undoubted attraction and popularity of sportscar racing, I am sure this new venture has a great future. Steve Lydon has years of experience in motor sport, and a proven track record in the organisation and co-ordination of major championships."
"I am sure our skills and expertise will complement each other perfectly," Steve Lydon commented. "This will result in an improved Championship which has more to offer for everyone involved - drivers, teams, promoters and spectators."