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KIMI KIMI - Mundo Motorizado

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PICS: McKLEIN.DE Rallying<br />

back from the<br />

brink after chaotic week<br />

The WRC is on course to survive after a huge scare on the eve of the 2012 season. By DAVID EVANS<br />

The World Rally Championship<br />

has emerged from the most<br />

turbulent week in its history,<br />

but a possible £100m investment<br />

has been lost and the FIA has been<br />

left to foot the bill.<br />

The astonishing chain of events<br />

began just under a week ago, when<br />

the FIA terminated its global<br />

promoter North One Sport’s<br />

contract after the London-based<br />

THE HISTORY OF<br />

NORTH ONE SPORT<br />

The WRC’s outgoing<br />

global promoter has<br />

existed in some form<br />

since the early 1980s.<br />

8 autosport.com January 12 2012<br />

1982<br />

International Sportsworld<br />

Communicators is formed<br />

by Bernie Ecclestone to<br />

produce and distribute<br />

motorsport footage.<br />

firm was found in breach of the<br />

agreement. As AUTOSPORT closed<br />

for press this week, Eurosport was<br />

expected to step in and film and<br />

distribute the WRC’s TV coverage,<br />

starting from next week’s opening<br />

round, the Monte Carlo Rally.<br />

WRC Commission president<br />

Jarmo Mahonen spent Monday<br />

locked in meetings with Eurosport<br />

officials in a bid to hammer out<br />

FIA President Todt<br />

is a fan of rallying<br />

1996<br />

ISC signs a 14-year deal<br />

for broadcasting 18 FIA<br />

championships, this is<br />

reduced to the WRC and<br />

the FIA’s Regional series.<br />

the agreement that will deliver<br />

television coverage and promotion<br />

for the sport in 2012 and beyond.<br />

WHAT WENT WRONG?<br />

North One Sport’s problems began<br />

in November when its parent<br />

company Convers Sports Initiatives<br />

went into administration, following<br />

the arrest of CSI’s principal backer<br />

Vladimir Antonov.<br />

NOS was forced to seek a buyer<br />

for the firm to continue to service<br />

the FIA’s contract. First contact<br />

with a Qatari investment bank was<br />

made by NOS on December 23 and,<br />

after NOS staff worked through the<br />

holidays, the deal was planned for it<br />

to be bought out. Contracts had<br />

been expected to be signed for the<br />

purchase of NOS today (Thursday),<br />

before the deal fell apart.<br />

A combative statement, issued<br />

by the FIA on Sunday night, said:<br />

“No firm offer to purchase NOS<br />

has been presented to the FIA.<br />

Not only has NOS failed to perform<br />

2000<br />

ISC is sold<br />

to David<br />

Richards.<br />

2007<br />

Richards sells ISC to<br />

North One Television,<br />

allowing him to focus<br />

on the purchase of<br />

Aston Martin from Ford.<br />

in accordance with its contract, it<br />

has also been unable to secure the<br />

investment required to enable it<br />

to deliver the championship.”<br />

Speaking exclusively to<br />

AUTOSPORT, NOS chief executive<br />

officer Simon Long said: “The<br />

facts of the matter are that a<br />

formal offer was forthcoming and<br />

documentation was produced in<br />

support of a very significant plan<br />

to transform the WRC. It was<br />

communicated to the FIA that<br />

there was this opportunity and this<br />

offer on the table. But, for reasons<br />

best known to them, it was not<br />

deemed acceptable.”<br />

When the FIA terminated NOS’s<br />

global-promoter agreement, set to<br />

run until 2020, there was nothing<br />

for the potential investor to buy and<br />

the deal, believed to be worth in<br />

excess of £100 million, collapsed.<br />

WHAT NOW?<br />

While it is believed to be unhappy<br />

at the short-notice period before<br />

2009<br />

ISC signs 10-year deal<br />

to become the WRC’s<br />

global promoter, and<br />

later is re-named<br />

North One Sports.

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