FIA: European Commission proposals do not meet expectations

The FIA says the European Commissiꦉon’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 unintended economic impact” forced by the possible new ruling.

FIA: European Commission proposals do not meet expectations

The FIA says the Euro⛦pean Commission’s proposed changes to the Motor Insura🌠nce Directive have not met its requirements and will aim to continue to seek further amendments.

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

The new ruling would require all motorised vehicles to have unlimited third party liability i🐈nsurance, including on private land, which wou﷽ld see crashes at race circuits treated as potential road traffic accidents and cause police involvement.

Fears have also been triggered on the costs of the new insurance requirements which could effectivelyꦐ make motorsport unviable across all European member countries.

The FIA, together with European National Sporting Author꧙ities, have held talks on the proposals and in October 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 th🅘e FIA has confirmed it is not satisfied with the changes.

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