In between the end-of-year festivities, Rik Van Looy and his teammates were expected at another celebration in late December 1962. Félix Lévitan arrived from Paris for the presentation of the world cup for commercial teams. The Frenchman was at the time head of the AIOCC, the International Association of Cycle Race Organisers. The world cup was awarded to the team that scored the most points in a selection of 13 competitions. Faema-Flandria was particularly impressive that season, leaving the opposition far behind.
The trophy was originally a challenge cup. But after Carpano won the competition in 1961, the sports official Giacotto refused to return the trophy. The organisers then decided to award a new cup each year. The world cup was not the only AIOCC award to end up in Flandria's trophy cabinet. Guillaume Lomme Driessens was voted best sports director of the year.