News Details
Russian Grand Prix company declared bankrupt
A company involved in organising the Russian Grand Prix has been declared bankrupt, but the race itself appears not to be threatened at this stage. Media outlets including the Spanish agency EFE said Formula Sochi, owned by the government, was declared bankrupt on Monday in a Russian court. With the key backing of president Vladimir Putin, Russia held its first modern world championship race last October, and is scheduled to host the second edition at the Sochi Autodrom later this year. Formula Sochi's troubles actually date back to 2013, when we reported that the indebted race organiser would be liquidated by authorities. We also reported that the bigger company, promoter and circuit...
Full Story »
Full Story »
11y ago from GrandPrix247.com
0
You May Also Be Interested In...
Todat says FIA will not ban alcohol advertising in Fa
FIA president Jean Todt has ruled out banning alcohol sponsorship in...
11y ago from GrandPrix247.com
Formula 1 funding not a priority for new Barcelona...
The Spanish grand prix might be losing the backing of the Barcelona local...
11y ago from GrandPrix247.com
Arrivabene says F1 can learn from user-friendly MotoGP
Formula 1 can learn lessons from its two-wheeled MotoGP equivalent,...
11y ago from GrandPrix247.com
New Barcelona mayor says F1 funding not a priority
The Spanish grand prix might be losing the backing of the city of...
11y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia on Marc Marquez’s winning form: “First, we...
No description available...
33m ago from Motorsport.com
Ducati signs Pedro Acosta until 2028 MotoGP season
No description available...
3h ago from Motorsport.com
Pedro Acosta to partner Marc Marquez at factory Ducati...
KTM rider Pedro Acosta has put pen to paper to partner Marc Marquez at...
2h ago from MotorsportWeek.c...
Ducati confirms Francesco Bagnaia's exit for MotoGP...
No description available...
5h ago from Motorsport.com
Popular On IndyCarToday.com
Rosenqvist set to depart MSR at end of season
Recent Indianapolis 500 winner Felix Rosenqvist is set to depart Meyer...
1h ago from MotorsportWeek.c...
Winners and losers from the IndyCar race at Road...
No description available...
1d ago from Motorsport.com
HRC US boss apologizes to Armstrong for “failure”...
No description available...
1d ago from Motorsport.com
Will Power and Graham Rahal at odds over last lap...
On the final lap of Sunday’s IndyCar event from Road America, veterans...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA announces Rally2 car upgrade kit to increase...
No description available...
1d ago from Motorsport.com
Vital step made towards USA return on 2027 WRC calendar
No description available...
5d ago from Motorsport.com
FIA president sets timeline to announce new WRC...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Boost for Arsenal as Thomas Tuchel won't delay key...
Arsenal have been given some hugely positive transfer news on Morgan...
1h ago from CaughtOffside.com
Man Utd and Spurs battling for Fernandes and Arsenal...
Tottenham are considering making a bid for West Ham midfielder Mateus...
1h ago from SkySports.com
Chelsea ready to step up bid to sign Arsenal transfer...
Chelsea are reportedly ready to step up their interest in a transfer move...
33m ago from CaughtOffside.com
Sources: What I'm hearing today on two major Arsenal...
I'm aware that some very good sources have been reporting on Arsenal and...
2h ago from CaughtOffside.com
Comments
Hottest News
Ferrari set to unveil first ADUO engine upgrade at Austrian...
Ferrari is arriving at the Austrian Grand Prix... Read More »
1h ago from F1i.com
FIA issue technical clarification following request from...
The FIA is set to issue a clarification of the... Read More »
1h ago from RacingNews365.com
Ferrari confirm first engine upgrade as FP1 driver change...
Ferrari is set to introduce a key upgrade in... Read More »
2h ago from RacingNews365.com
