Today sees an announcement that has, with hindsight at least, been inevitable for some time. FIS and Freeride World Tour have 'joined forces' according to today's press release The release goes on to clarify that FIS has 'acquired' all FWT properties and will therefore own the tour as of this season. The full press release can be read below. Of course, it remains to be seen how this actually ends up affecting the tour itself but let's just say, the same situation in freeskiing didn't exactly do wonders for the freeski competition circuit or for the continued existence of the AFP. Let us know what you think in the comments.

"The Freeride World Tour (FWT) is making a milestone in its history thanks to the merger with the International Ski and Snowboard Federation (FIS), which is acquiring FWT properties. The two organizations will join forces starting from the 2022-2023 season.

FIS is the governing body for international skiing and snowboarding, founded in 1924 during the first Olympic Games in Chamonix, France. Recognized by the International Olympic Committee (IOC), FIS manages the Olympic disciplines of Alpine Skiing, Cross-Country Skiing, Ski Jumping, Nordic Combined, Freestyle Skiing, and Snowboarding, including setting the international competition rules.

By acquiring the FWT, FIS will further unite all the disciplines in skiing and snowboarding, giving them more strength and power to develop on the global stage.

FWT will continue to run the daily operations of the Tour, remaining committed to its core values of safety, performance, responsibility, inclusivity and fun. Moreover, the competition format, offering a fair path to every athlete, from grassroots to elite events, and the judging system, remain unchanged. FIS will place its focus on the marketing and governance of the FWT, instilling a structure that follows the guidelines of recognized Olympic sports.

"We are thrilled to be joining forces with FIS. For our freeride athletes and event organizers, being under the umbrella of the largest winter sports International Federation, recognized by the International Olympic Committee, will give them more access to support, increased visibility and additional resources that will ultimately allow the FWT and all of its stakeholders to grow."

- Nicolas Hale-Woods, FWT CEO

"The merger with FWT will see FIS add one of the most exciting, dynamic winter sports to its portfolio. This is truly a win-win for all parties as FIS can bring massive growth potential to the FWT providing the chance to develop on a broader stage. FWT brings a highly professional tour that offers breathtaking action and an entirely new element of skiing and snowboarding to FIS."

- Johan Eliasch, FIS President

"I’m excited to hear the news that FWT will take the step and team up with FIS. Since I have been involved in both worlds, I think the two parties have a lot to learn from each other and become even stronger together. I think it's a good opportunity for FWT to develop and take the next step. I would love to see it on an Olympic scene in the future. I believe the unique feeling and vibe around the freeride community will not change, because it is made by the people around it and their big passion for the sport, and this will remain the same."

- Mattias Hargin, Olympic Alpine Skier, FIS World Cup former athlete and 8th place at the Xtreme Verbier 2015

"Being a part of FWT and seeing the sport develop over so many years makes this feel like a natural next step to take. It will be interesting to see where it leads us and I think it will bring more recognition to the sport and all the benefits that will come with it."

- Reine Barkered, FWT Legend, 2012 FWT World Champion, 14 seasons under his belt"