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Liberty Media is willing to renegotiate hosting fees

The most realistic scenario at the moment for Formula 1 is that it will start in Europe and that the races will take place behind closed doors. Several circuits have reacted positively to this, so there is a good chance that races will start in Austria with races at Silverstone shortly afterwards. Circuit de Barcelona-Catalunya is also one of the possibilities. Costs Organising a race costs a lot of money and part of the budget has to be paid to Formula 1. To earn that money back, tickets are sold, among other things. That will disappear if the races take place behind closed doors and with the current contracts it is not profitable at all. Read more Alonso would be interested in Vettel's...
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4y ago from GPBlog.com 0
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