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The Committee on behalf of the Formula Vee Association of Queensland (FVAQ), administers Formula Vee racing within Queensland. This includes operating the club championship; the financial role as promoter of events; competitor communications and assistance; active liaison with Formula Vee Association of Australia  in regards to technical regulations and sporting matters; promotion and marketing; fund raising and social events.

The FVAQ is governed by the by-laws as set out in the Formula Vee Queensland Constitution. The Committee works to ensure Formula Vee remains an affordable and accessible form of motorsport.