The International Foundation for Motorcycling (IFM) Board met at The Westin Palace Madrid in Madrid (Spain) on 6 May 2023.
On this occasion, the Foundation Board addressed many topics, in particular the following:
Earthquake in Türkiye: Faithful to its goal of humanitarian aid to the motorcycling community and in order to stand in sympathy and solidarity with all those suffering, the IFM made a pledge of EUR 10,000 to the Turkish Motorcycling Federation to purchase equipment and material for the rescue teams such as thermal riding gear, motorcycle boots, thermal motorcycling gloves, technical clothing, goggles and backpacks. In addition, the IFM called for solidarity among the motorcycling community to also bring assistance to the best of their abilities.
Finance: The Board approved the 2022 audited financial statements and activity report that will be submitted to the Swiss Foundation Supervisory Authority. BDO Ltd, an international company delivering insurance, tax and financial advisory services, was re-appointed as external auditor for the 2023-2025 financial statements.
2023 activities: Discussions related to the activities which will be supported throughout 2023 were held. The Foundation decided to award CHF 15,000 to Two Wheels For Life/Riders for Health, an association providing transport services for healthcare programmes in Africa, for the purchase of five Suzuki 175cc motorcycles for sample couriers in Lesotho. In addition, the Foundation will encourage the participation of women in the 2023 edition of the FIM International Six Days of Enduro (ISDE) by making financial subsidies available to FIM affiliated National Federations (FMNs) registering women riders for this FIM event. The IFM will credit to FMNs EUR 250 per female rider entry to compensate the inscription fee increase. In the framework of the 2023 FIM Women’s Speedway Academy, the Foundation Board approved to donate CHF 5,000 to the charitable organization, Speedway Riders Benevolent Fund also called Ben Fund Bonanza, whose purpose is to assist Speedway riders and their families following serious or life changing injuries sustained whilst racing.
Furthermore, the IFM remains engaged in and committed to caring for road safety and mobility programmes, education & training, environment protection, promotion of women in sporting structures, social and historical legacy of the FIM and motorcycling activities, in line with its mission.