Faced with growing criticism from Formula 1 drivers regarding the lack of transparency over the use of funds generated by fines, the Fédération Internationale de l'Automobile (FIA) has spoken out to clarify the situation and ensure that this money is reinvested in grassroots projects and social initiatives.
During the 2024 season, the FIA collected around 270,000 euros following more than 50 reported infractions among drivers. These sanctions result from a variety of infractions, ranging from speeding in the pit lane to causing annoyance to other drivers, driving vehicles in unsafe conditions or using inappropriate language. George Russell, director of the Grand Prix Drivers' Association (GPDA), was one of the pilots to express concerns about the use of these funds and called for greater transparency from the organization. Russell recalled the transparency commitments made by the FIA during the presidential elections and the importance of reinvesting this money in grassroots sport.
Nikolas Tombazis, head of single-seater racing at the FIA, answered these questions in an exclusive interview with Motorsport.com. All funds generated from fines are intended to finance FIA grassroots projects and social initiatives. These projects have received investments exceeding 10 million euros in 2024. Tombazis stressed that the FIA is not a for-profit organization and that it does not have shareholders who expect dividends. “All funds are used for beneficial initiatives, whether safety, motorsport development, or sometimes other projects related to road safety,” he said.
-The head of single-seater racing also denied the idea that money from fines finances other sports or categories. “I can say with certainty that the fines imposed on drivers do not subsidize other sports or categories,” assured Tombazis. “However, when we consider other initiatives, whether our campaigns, such as those against online harassment, or security projects, I think these investments are very useful. » Tombazis stressed the importance of the FIA's grassroots projects in training the next generation of stewards and drivers. These programs, with an investment of 10.3 million euros, promote motoring involvement from an early age in many clubs and countries.
Ultimately, Tombazis linked the health of Formula 1 to the general attractiveness of motorsport, arguing that promoting the sport at the grassroots is essential for the future of the premier class. “It’s not just about having an exciting Grand Prix, but also about encouraging more people to get involved in motorsport at a grassroots level in each country,” he concluded. With these clarifications, the FIA aims to allay the concerns of drivers and to reaffirm its commitment to transparency and investment in the future of motorsport.
