The conference held in 1904 to consider the French proposal for a change in formula to the Gordon Bennett races led to the formation of the Association Internationale des Automobile Clubs Reconnus (AIACR; the predecessor of the Fédération Internationale de l'Automobile), the body responsible for regulating international motorsport. Although a smaller race held in 1901 had awarded the "Grand Prix de Pau", the 1906 race outside Le Mans was the first genuinely international race to carry the label "Grand Prix". Until the First World War it was the only annual race to be called a Grand Prix (often, "the" Grand Prix), and is commonly known as "the first Grand Prix".