Masters Historic Racing will run two FIA Historic Championships from 2013 onwards, after taking over the running of the FIA Historic Formula One Championship. In addition it will launch an FIA-sanctioned championship for sports cars in 2013, based on the series formerly known as World Sportscar Masters, running alongside each other at all events in 2013.In addition, the FIA Historic Formula One Championship will boast two champions in 2013, with a champion crowned from the later generation ground-effect and flat-bottomed cars and one from the earlier non-ground-effect era making sure that everyone has a title to aim for in 2013. While the concept of the new FIA Historic Sports Car Championship, and regulations pertaining to that series, have been approved by the FIAs Historic Motor Sport Commission, the series still requires ratification by the World Motor Sport Council of the FIA. The WMSC next meets on March 8, 2013 in Geneva. Ron Maydon, President of Masters Historic Racing said: I am delighted that we have been able to take on the FIA Historic Formula One Championship. We have worked closely with the FIA and are grateful to John Hughes for his efforts to make this happen. We are delighted with the terms of the FIA agreement, which offers us freedom and security to develop both series in the coming years. We are pleased to be able to maintain our entry fees similar to previous levels, with added the added benefit of FIA Championship status. We hope we will be able to provide a focus for an excellent Historic Formula One category in 2013 and beyond, running alongside the new FIA Historic Sports Car Championship. John Hughes, President of the FIA Historic Motor Sport Commission, said: This is a very exciting and important time for historic motor racing. By entering into this agreement with Masters Historic Racing, the FIA is able to provide drivers with a far stronger Historic Formula One Championship than in recent seasons and can proudly announce a new FIA championship for sports cars. By working with Masters, the FIA can give drivers an opportunity to race a number of cars over a race weekend allowing them to maximise track time. Owners of historic Formula One Cars will be able to enter other races for which they have cars rather than just one race that may have been the case before, as well as Masters keeping entry fees to an affordable level by economies of scale. We are confident that the future is bright for historic Formula One and for FIA historic championships. This is the start of a whole new era for Masters Historic Racing and a tribute to how far we have come in the last nine years said Ron Maydon. It is a new challenge for us and one that we are looking forward to immensely. We are thrilled to be able to play this important role in the future of historic motor sport. The first event for both new FIA historic series will be Barcelona on April 12-14.