News Details
Russia GP distance themselves from bankrupt promoter
Organisers of the Russian Grand Prix have gone out of their way to distance themselves from a bankrupt promoter lined to the event. Early this week, a Russian court declared that the government-owned ‘Formula Sochi' company is bankrupt, even though a contract to host the race through 2020 is still in place. But race organisers have hit back, insisting that the actual promoter since 2013 is OJSC Center Omega. In a statement, the liquidation of Formula Sochi was confirmed, but Omega said it was not only in charge of the construction of Sochi Autodrom but also 'the race-staging contract'. 'It (Omega) also has had the personnel and the finances required,' Omega added. 'The preparations...
Full Story »
Full Story »
10y ago from GrandPrix247.com
0
You May Also Be Interested In...
Russian Grand Prix company declared bankrupt
A company involved in organising the Russian Grand Prix has been declared...
10y ago from GrandPrix247.com
Organizer of Russian F1 GP declared bankrupt
A company involved in the Russian grand prix has been declared bankrupt....
10y ago from ThisIsF1.com
Russian GP bosses dismiss bankruptcy reports
Russian Grand Prix organisers have moved to clarify reports that the...
10y ago from Motorsport.com
Russia GP plays down bankrupt promoter reports
The Russian grand prix has hit back at reports that its promoter is...
10y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo reveals MotoGP moment that felt...
No description available...
12h ago from Motorsport.com
Fermin Aldeguer suffers fracture in MotoGP training...
No description available...
1d ago from Motorsport.com
Kevin Schwantz: “I see myself reflected in Marc...
No description available...
1d ago from Motorsport.com
Marc Marquez to make Ducati return in private Valencia...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Will Power turns first IndyCar laps with Andretti at...
IndyCar veteran Will Power completed his first test laps with his new...
1d ago from MotorsportWeek.c...
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
1d ago from MotorsportWeek.c...
Power completes “very good” first outing with...
No description available...
1d ago from Motorsport.com
McLaughlin set to have new spotter for 2026 IndyCar...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026, Stage 6: Nasser Al-Attiyah regains overall...
No description available...
10h ago from Motorsport.com
Dakar 2026, Stage 5: Ford strikes back to win but...
No description available...
1d ago from Motorsport.com
Hyundai postpones Thierry Neuville's Monte Carlo test...
No description available...
1d ago from Motorsport.com
Toyota reveals new-look WEC Hypercar for 2026 amid...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
'Arteta really believes he's a top player' –...
Arsenal have been calling over a potential transfer move for Crystal...
4h ago from CaughtOffside.com
Sol Campbell names 'top player' Arsenal should sign...
Arsenal legend Sol Campbell has suggested that his old club should look...
5h ago from CaughtOffside.com
'Among Europe's best' – David Ornstein confirms...
Arsenal fans will be delighted to hear that Bukayo Saka is closing in on a...
9h ago from CaughtOffside.com
Ian Wright claims Liverpool failing to replace...
Ian Wright believes Liverpool missed Luis Diaz during their draw against...
8h ago from SportsKeeda.com
Comments
Hottest News
'Sounds incredible!' First video of 2026 F1 cars in action...
F1 fans have been left stunned by the sound of... Read More »
9h ago from GPFans.com
Audi 2026 F1 car leaked as McLaren announce launch date –...
Check out the biggest stories of the day with the... Read More »
3h ago from RacingNews365.com
Could this F1 champion’s son be a future Ferrari driver?
The son of an F1 champion has been tipped by... Read More »
3h ago from GPFans.com
