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Governing bodies play a crucial role in shaping the economics of motorsports. Investigate how organizations like Fédération Internationale de l'Automobile (FIA) regulate the sport, implement cost control measures, and work to ensure the financial sustainability of teams and championships. Kayo Sports Kayo Sports Live Channels top 3 most reputable online bookie Collaboration on a global scale holds immense potential for the racing industry. We'll discuss initiatives that promote international cooperation, such as joint racing series, shared technological advancements, and collaborative efforts to address common challenges faced by racing jurisdictions worldwide.