Alongside the FIA champions, two trophies were presented by Formula One Management on Friday evening at Monaco, for best race promoter and national sporting association (ASN).

The Race Promoters’ Trophy is awarded to the promoter who has proved most helpful, in the most difficult conditions. This year’s recipient is the Indianapolis Motor Speedway.

The ASN trophy goes to the association with the most driver points during the season. This year the award went to the AKK-Motorsport, the Finnish automobile sport federation.

Meanwhile, the 2007 FIA Institute Centre of Excellence trophy was presented to the Bahrain International Circuit.

Tony George, President & CEO, Indianapolis Motor Speedway

“The Indianapolis Motor Speedway has enjoyed hosting the FIA Formula One World Championship and the United States Grand Prix since 2000. On behalf of our dedicated employees, the citizens of Indianapolis and all of the fans who have supported the event, we appreciate being recognized with this honour.”

Kari O. Sohlberg, AKK President

”It is fantastic to receive this award, especially as it is a first for Finland. We are a small country population-wise, but have proven to be a great nation in automobile sport. For the Finnish Federation the award is of especially great significance, since the two drivers - Kimi Raikkonen and Heikki Kovalainen - who are responsible for this achievement, were members of the federation’s Coaching Programme during their junior years.”