The FIA and Eurosport Events Ltd. have renewed their commercial rights agreement for the FIA World Touring Car Championship.

This is the second renewal of the agreement among the parties, since the FIA appointed Eurosport Events as WTCC championship promoter back in 2005.

The new contract will have a duration of five years, until December 31, 2017.

Jean Todt, FIA President said: “The FIA is delighted to carry on this cooperation with Eurosport Events that has proved so fruitful so far. During these eight years it has been promoting the World Touring Car Championship, the FIA and Eurosport Events put in a huge effort to make the championship growing in competition on the track and popularity worldwide. The renewal of the agreement will further enhance the cooperation among the parties to make the championship even stronger.”

Laurent Eric Le Lay, Eurosport CEO commented: “We greatly appreciate the value of the fact that the FIA wished to continue placing its trust in Eurosport Events. This new agreement is a powerful motivation for us to redouble our efforts and work in partnership with them for another five years. We are confident that the WTCC has a huge potential to grow further, up to the highest level in motorsport, attracting new car manufacturers and expanding its presence in the key automotive markets worldwide.”