FIA: European Commission proposals do not meet expectations

The FIA says the European Commission’s proposed changes to the Motor Insurance Directive have not met its requirements and will aim to continue to seek 💙further amendments.

A consolation has been held by the European Commission on a ruling which the FIA describes as “potentially highly detrimental due to the unintend𝔉ed economic 🌳impact” forced by the possible new ruling.

FIA: European Commission proposals do not meet expectations

The FIA says the European Commission’s proposed changes to the Motor Inꦯsurance Directive have not met its requirements and will aim to continue to seek further amendments.

A consolation has been held by the European Commission on a ruling which the FIA describes as “potentially highly detrimental due to the unintended economic impact” forced by th🌠e possible new ruling.

The new ruling would require all motorised vehicles to have unlimited third party liability insurance, includi🦩ng on private land, which would see crashes at race circuits treated as potential road traffic accidents and cause police involvement.

Fears have also been trigger💞ed on the costs of the new insurance requirements which coღuld effectively make motorsport unviable across all European member countries.

The FIA, together with European National Sporting Authorities, have held talks on the proposals and in O✱ctober 2017 asked the European Commission consider an amendment to “take into account the unique characteristics of motorsport”. Following a European Commission statement on the proposal alterations the FIA has confirmed it is not sat💮isfied with the changes.

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