News Details
Ecclestone backs Melbourne's secret F1 fee
F1 chief Bernie Ecclestone has joined the local state government in Australia in refusing to divulge the cost of the annual formula one race. The race fee paid by Melbourne organisers to the Ecclestone-led Formula One Management is picked up entirely by taxpayers, but Victorian sports minister John Eren argues the actual amount must remain secret. 'We're not in the business of giving rival cities around the world that want our flagship event a competitive advantage,' he told the local Herald Sun newspaper. The report speculates the fee could be as high as US $38 million, but Ecclestone backed the government in keeping it a secret. 'I don't think there is any need to (inform...
Full Story »
Full Story »
10y ago from GrandPrix247.com
0
You May Also Be Interested In...
Verstappen: Mmmm! That champagne tastes nice
Record-breaking teenager Max Verstappen handled his triumphant arrival as...
10y ago from GrandPrix247.com
Ecclestone: They're trying to do some plotting
Formula 1 supremo Bernie Ecclestone on Sunday confirmed reports some of...
10y ago from GrandPrix247.com
Wolff rules himself out of Ecclestone's job
Toto Wolff has now joined Niki Lauda in distancing himself from...
10y ago from GrandPrix247.com
Russia to have F1 team eventually believes Petrov
Ex-Formula 1 driver Vitaly Petrov believes plans for a Russian grand...
10y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin: “Game on” between Aprilia and Ducati...
No description available...
9h ago from Motorsport.com
"Maybe I forgot how to ride a MotoGP" bike,...
No description available...
13h ago from Motorsport.com
MotoGP bans front holeshot devices immediately, tweaks...
No description available...
1d ago from Motorsport.com
Ducati announces Marc Marquez contract extension...
No description available...
14h ago from Motorsport.com
Popular On IndyCarToday.com
Winners and losers from the IndyCar race at Road...
No description available...
7h 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...
1d ago from MotorsportWeek.c...
How Christian Lundgaard went from zero to hero at Road...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
FIA announces Rally2 car upgrade kit to increase...
No description available...
11h ago from Motorsport.com
Vital step made towards USA return on 2027 WRC calendar
No description available...
4d ago from Motorsport.com
FIA president sets timeline to announce new WRC...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Video appears to show Djed Spence snubbing Thomas...
England full-back Djed Spence appeared to snub a handshake with Ghana...
1h ago from CaughtOffside.com
Arsenal now in direct talks to sign highly-rated...
Arsenal have opened direct talks with Leicester City over a deal for...
2h ago from CaughtOffside.com
Video: Man United & Arsenal transfer target...
Portugal forward Rafael Leao scored his country's 5th goal as they...
2h ago from CaughtOffside.com
Sources: Six PL suitors for World Cup striker revealed...
Arsenal stand to bank around £7.5m this summer from a potential Folarin...
4h ago from CaughtOffside.com
Comments
Hottest News
Austrian Grand Prix altitude to give F1 teams headache this...
As F1's Austrian Grand Prix approaches, one power... Read More »
51m ago from GPFans.com
Audi Deployed Upgraded F1 Engine At Barcelona After...
Audi caught the Formula 1 paddock off guard by... Read More »
2h ago from Formula1News.co.uk
Adrian Newey and Aston Martin redemption is coming and it's...
We all know Aston Martin are terrible and the... Read More »
3h ago from GPFans.com
