News Details
Mexico's president pulls the plug on Grand Prix funding!
Mexico's president Andres Manuel Lopez Obrador has said that he will review his country's contract with Formula 1 and in all likelihood cut the event's government funding. The Mexican Grand Prix returned to the F1 calendar in 2015 after a 23-year absence, the venue and its promoters receiving many accolades from the sport for the race's organization and popularity. According to the Financial Times, the Mexican government's annual subsidy of the event is worth approximately $20 million, but President Andres Manuel Lopez Obrador has now earmarked that money for a multi-billion dollar railway project. Carey says deal with Vietnam met with 'excitement' The Maya Train railway line, which will...
Full Story »
Full Story »
You May Also Be Interested In...
Mexican president cuts Mexican Grand Prix subsidy
Photo by: www.kymilman.com/f1 After being celebrated with the ‘best...
7y ago from TheParcFerme.com
Tourist train project could derail Mexican Grand Prix...
With a new Grand Prix contract deadline approaching, Mexican President...
7y ago from GrandPrix247.com
Albon gets first taste of F1 with Toro Rosso shakedown
Formula 1 rookie Alexander Albon got his first run in a Grand Prix car...
7y ago from F1i.com
Ferrari to go radical with Formula 1 livery?
now viewing Ferrari to go radical with Formula 1 livery? Feb 14, 2019...
7y ago from F1Hub.net
Elsewhere On The Network
Popular On MGPToday.com
What has changed in the new Marc Marquez a year after...
No description available...
11h ago from Motorsport.com
Pit Beirer admits KTM's engine problems “almost...
No description available...
10h ago from Motorsport.com
This is the new tail section that Marco Bezzecchi...
No description available...
1d ago from Motorsport.com
How Pedro Acosta's unique riding style is making the...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Ganassi on Lundgaard signing: “When is the last time...
No description available...
9h ago from Motorsport.com
IndyCar Officiating retains leadership into second...
The Independent Officiating Board, which officiates all aspects of the...
7h ago from MotorsportWeek.c...
IndyCar retains Independent Officiating Board...
No description available...
7h ago from Motorsport.com
Christian Lundgaard’s values as important as results...
Chip Ganassi Racing is embarking on a new chapter with it’s famed #9...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Dani Sordo explains co-driver change for WRC season...
No description available...
1d ago from Motorsport.com
Adrien Fourmaux eager to end WRC's Rally1 chapter in...
No description available...
1d ago from Motorsport.com
Sami Pajari’s wish ahead of WRC title decider, as...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal eye ambitious 70-80m transfer of Real Madrid's...
Arsenal are reportedly eyeing an ambitious transfer move for Real Madrid...
8h ago from CaughtOffside.com
'No way' – Former Arsenal star makes damning...
Former Arsenal left-back Armand Traore has aimed a clear dig at Viktor...
8h ago from CaughtOffside.com
Latest on Chelsea and Arsenal transfer targets’...
Bournemouth are reportedly not willing to consider selling any one of star...
8h ago from CaughtOffside.com
Recent Liverpool signing was not welcomed by current...
Florian Wirtz has very clearly struggled in his time at Liverpool so far...
8h ago from CaughtOffside.com
Comments
Hottest News
F1 driver announces he is leaving team as FIA declare...
Check out the biggest stories from Wednesday,... Read More »
2h ago from RacingNews365.com
British wonderkid WILL get F1 chance says Audi team boss
The crop of young British drivers in and around... Read More »
2h ago from GPFans.com
Lewis Hamilton called out for ‘undermining' Fred...
David Croft believes Lewis Hamilton has been... Read More »
5h ago from MotorsportWeek.com
