FIA undergoing independent audit

Date published: January 17 2016

Jean Todt has revealed that an audit company has been brought in to “look” at the FIA to ensure that everything is above board.

As the sporting world reels from the recent crisis at FIFA, football’s governing body, Todt is determined that the FIA operates in a transparent manner.

“Unfortunately some global sporting organisations have been facing some problems, and I can only be sorry for them,” he said during the Autosport International Show.

“Am I comfortable about the way our organisation is structured and run? Yes, I am, and I am very proud of all the people involved with it.

“Saying that, I feel if you are aiming for excellence then you can always try to do better.

“I have asked a specific audit company to have a look at our organisation, and if they feel they can advise on some improvements, then I’m very happy to take them on board.”

The president of motorsport’s governing body added that the FIA’s accounts has already been certified by an audit company and that he expects a report back in the next few weeks.

“We felt the need to ask an audit expert company to address the situation and to be able to highlight the way we are structured,” added Todt.

“Maybe we will be given some proposals due to their expertise, and I’m happy to take them on board.

“We are a very transparent organisation, and we are very happy to see if we can go to the next step, which I’ve tried to do since I was elected six years ago.

“They are currently working with us, and we are expecting something from them in the coming weeks, but not any kind of revolution.

“All our accounts have been submitted to an audit company and they have already certified them.

“This is more about the governance, and even then we’ve modified the statutes over the last six years, and always to improve them, but it’s an ongoing process.”