Motorsport's ruling body, the FIA, has been recognised by the International Olympic Committee. The IOC recognition is provisional for a period of two years and it has invited the FIA to introduce an Athlete's Commission so as to make this recognition permanent.
Source: http://www.iracing.com/inracingnews/formula-one-news/f1-formula-one-news/olympic-committee-recognises-fia/
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