24
Tue, Dec
91 New Articles

YYU Legal Puts Turkish Automobile Sports Federation in Pole Position with the World Rally Championship Promoter

YYU Legal Puts Turkish Automobile Sports Federation in Pole Position with the World Rally Championship Promoter

Turkiye
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

YYU Legal has advised the Turkish Automobile Sports Federation, which is backed by the Ministry of Youth and Sports of the Republic of Turkey, on its entrance into an Event Promotion Agreement with the World Rally Championship Promoter GmbH, a Red Bull subsidiary, regarding Turkey's participation in the World Rally Championship organization.

YYU Legal describes the WRC, which has an audience of over 700 million people in 228 countries world wide, as "the world’s second biggest automobile sports organization after Formula 1." The firm advised the Turkish Automobile Sports Federation on its negotiations for the Event Promotion Agreement with WRC Promoter GmbH, with WRC advised by its in-house counsel. 

The YYU Legal team was led by Partner Eren Uclertopragi, who is also the Vice President of Turkish Automobile Sports Federation. Uclertopragi stated that "the negotiations with the promoter were stiff and took approximately six months. The most challenging part was to cope with the deal terms offered by the competing  volunteer countries to the promoter. In the end, Turkey succeeded in getting past countries such as New Zealand, Croatia, Japan, Chile, Kenya, and South Africa. We received great support from our Government in bringing back the WRC.”