FIA confirm 100 year-agreement with SLEC.

At an extraordinary meeting held today in Paris the FIA World Motor Sport Council confirmed the 100-year agreement for the commercial rights of the FIA Formula One World Championship with the company SLEC.

SLEC was today represented by Thomas Haffa (Kirch) and Dieter Hahn (EM-TV), and Bernie Ecclestone was there representing the Formula One Association (FOA) / Formula One Management (FOM).

This agreement will not affect in any way the current Concorde Agreement, which expires on the 31st December 2007.

This is a further important step by the FIA towards complying with the European Commission's requirement to separate commercial and promotional activities from the sport.

SLEC and the Kirch Group have confirmed that the Championship will continue to be shown on free-to-air television.