AKIS

What AKIS does

Akstursíþróttasamband Íslands (AKÍS) is the national governing body for motorsport in Iceland, operating as a non-profit sports federation headquartered at Íþróttamiðstöðinni Engjavegi 6 in Reykjavík. The federation organizes and regulates competition across eight disciplines: Drift, GoKart, Rally, Rallycross, Spyrna (drag racing), Hringakstur (circuit racing), Torfæra (Formula Offroad), and Hermiakstur (sim racing). It holds sanction from the FIA (Fédération Internationale de l'Automobile) as Iceland's National Sporting Authority (ASN) and operates under the umbrella of ÍSÍ (Íþrótta- og sundmannasamband Íslands), the national sports and lifeguard association.

AKÍS runs an interconnected digital platform stack comprising its main website (akis.is), the Mótakerfi competition management system at skraning.akis.is for race registration and results, a national Race Calendar hosted on racecontrol.is, and the Reglus regulatory documentation system at reglur.akis.is containing technical and competition rules across all disciplines. These systems collectively handle competitor licensing, device/vehicle registration, event scheduling, results tracking, and regulatory dissemination. The federation also maintains a joint jurisdictional agreement with MSÍ (Motorcycle and Snowmobile Sport Association of Iceland) covering vehicle classification for four-wheeled vehicles and buggies.

The federation's revenue model is non-commercial: member clubs pay affiliation fees and competitors pay entry fees for sanctioned events. No commercial pricing is publicly disclosed, there are no funding rounds, no investors, and no parent company. AKÍS has 1-10 employees, and its leadership includes Chairman Tryggvi M Þórðarson, Vice Chairman Baldvin Hansson (interim), and Executive Director Arnar Már Pálmarsson, following the resignation of former Chairman Helga Katrín Stefánsdóttir. Marketing and member communications are conducted through the website, Facebook, YouTube, and RSS feeds aggregating FIA and ÍSÍ news.

Name

AKIS

Legal name

Akstursíþróttasamband Íslands

Website

https://akis.is

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

AKÍS is the FIA-sanctioned national motorsport federation of Iceland, governing eight racing disciplines through member clubs and operating digital platforms for licensing, competition management, and regulatory documentation. It serves affiliated clubs and individual competitors across Iceland.

Ownership category

akta.pro rank

Product category

Motorsport Federation Services

NAICS

Spectator Sports (71121)

akta.pro industry

PRIMARYMPAKAFAC

National Governing Bodies (NGBs)

Media, Entertainment & Sports/Sports (Leagues, Teams, Events, Venues)/Sports Rights Holders & Governing Bodies (Federations, Associations, Sanctioning Bodies)

SECONDARYMPAKAGAD

Motorsports Sanctioning Bodies & Governing Organizations

Media, Entertainment & Sports/Sports (Leagues, Teams, Events, Venues)/Motorsports Series, Teams & Promoters

Keywords

• Motorsport governance
• Competition management
• Sports federation
• Racing licensing
• Event regulation

Headquarters

HQ city

Reykjavík

HQ country

Iceland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Distribution channels1 record

Marketing channels4 records

Core offering

AKÍS is the national governing body for motorsport in Iceland, sanctioned by the FIA. It organizes national championships across 8 disciplines (Drift, GoKart, Rally, Rallycross, Spyrna/Drag racing, Hringakstur/Circuit racing, Torfæra/Formula Offroad, Hermiakstur/Sim racing), issues FIA-recognized international competition licenses, enforces safety standards and competition regulations, and trains/certifies competition officials and judges. It operates digital platforms for race registration, competitor licensing, results tracking, and regulatory documentation.

Product overview

AKIS operates as the Icelandic Motorsports Federation managing motorsport competitions across Iceland. The organization offers a portfolio of platforms including the main AKIS website for federation governance, the Mótakerfi competition management system for race registration and results, a national Race Calendar system, and the Reglus regulatory documentation platform containing all technical and competition rules. These interconnected systems enable competitor licensing, event management, and standards compliance across racing disciplines including drift, go-kart, rally, rallycross, circuit racing, time attack, and torfæra (Formula Offroad).

Differentiator

Problem solved

Functional benefit

Products and services

• Mótakerfi (Competition Management System) Online platform for race registration, competitor licensing, device registration, and results tracking across all motorsport disciplines. Used by affiliated clubs to organize sanctioned competitions and by individual competitors to register for events in Iceland.
• Reglus (Regulatory Documentation System) Digital regulatory system containing technical rules, competition rules, and regulatory documents for all racing disciplines including drift, go-kart, rally, rallycross, circuit racing, hill climb, time attack, and off-road (torfæra). Used by competitors, officials, and clubs to access current regulations.
• National Race Calendar National competition calendar system publishing sanctioned motorsport events across all disciplines in Iceland. Used by competitors and spectators to view upcoming events and by clubs to schedule competitions.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core.

• FIA (Fédération Internationale de l'Automobile)coreStrategic or Co-development PartnerInternational motorsport governing body that sanctions AKIS as the national ASN (Automobile Club) for Iceland. AKIS follows FIA regulations including the International Sporting Code and participates in FIA championships.
• ÍSÍ (Íþrótta- og sundmannasamband Íslands)coreStrategic or Co-development PartnerNational Sports and Lifeguard Association of Iceland, the umbrella organization for sports in Iceland. AKIS operates under the ÍSÍ framework and collaborates on initiatives like coach education programs.
• MSÍ (Mótorhjóla & snjósleðaíþróttasamband Íslands)coreStrategic or Co-development PartnerMotorcycle and Snowmobile Sport Association of Iceland. The two organizations have made joint agreements on jurisdiction for vehicle classification, particularly regarding four-wheeled vehicles and buggies.

Expansion highlights4 records

Direct peers

• Svenska Bilsportförbundet (SBF): The Swedish national motorsport federation and FIA-sanctioned ASN. Closest Nordic peer to AKIS, governing a comparable multi-discipline motorsport portfolio with similar regulatory and licensing functions.
• AKK Motorsport (Finland): The Finnish national motorsport federation. Nordic regional peer to AKIS with the same FIA-sanctioned ASN role and multi-discipline motorsport governance responsibilities.
• Motorsport Ireland: The national motorsport governing body for Ireland and FIA-sanctioned ASN. Comparable in market size, scope, and ASN function to AKIS.
• Motorsport UK: The UK national motorsport governing body and FIA-sanctioned ASN. Directly comparable to AKIS in role (national ASN), function (multi-discipline governance, licensing, regulations), and FIA relationship.
• Deutscher Motor Sport Bund (DMSB): Germany's national motorsport federation and FIA ASN. Directly comparable in function (multi-discipline sanctioning, licensing, safety regulation) and FIA integration, though at far greater scale.
• Koninklijke Nederlandse Automobiel Club (KNAF): The Dutch national motorsport federation (Royal Dutch Automobile Club) and FIA-sanctioned ASN. Directly comparable small-to-mid sized European ASN with similar licensing and discipline governance.
• Norges Bilsportforbund (NBF): The Norwegian national motorsport federation and FIA-sanctioned ASN. Comparable small-market Nordic ASN with parallel discipline governance and licensing responsibilities.
• ASN Canada: Canada's FIA-recognized ASN coordinating national motorsport governance. Comparable ASN role, though operating across a much larger geography.

Regional players

• MSÍ (Motorhjóla- og snjósleðaíþróttasamband Íslands): Icelandic Motorcycle and Snowmobile Sport Association, a peer domestic sports federation with whom AKIS has a formal jurisdiction-sharing agreement. Comparable in size, governance model, and Icelandic market scope.

Broad incumbents

• FIA (Fédération Internationale de l'Automobile): The international motorsport governing body under which AKIS is sanctioned as Iceland's ASN. Not a direct competitor but the umbrella incumbent that sets the regulatory framework and license standards AKIS must follow.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/akissport
• LinkedInlinkedin.com/company/icelandic-motorsport-association-akis

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AKIS