Headquartered in Paris, at the end of the 1949 season it announced that for 1950 they would be linking several national Formula One Grands Prix to create a World Championship for drivers, although due to economic difficulties the years 1952 and 1953 were actually competed in Formula Two cars.
Con sede en París, a finais da tempada de 1949 anunciouse que para 1950 uniríanse varios Grandes Premios nacionais de Fórmula 1 para crear un Campionato Mundial para pilotos, aínda que debido ás dificultades económicas os anos 1952 e 1953 eran en realidade unha competición de autos de Fórmula 2.