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 »
9y 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...
9y ago from GrandPrix247.com
Ecclestone: They're trying to do some plotting
Formula 1 supremo Bernie Ecclestone on Sunday confirmed reports some of...
9y ago from GrandPrix247.com
Wolff rules himself out of Ecclestone's job
Toto Wolff has now joined Niki Lauda in distancing himself from...
9y ago from GrandPrix247.com
Russia to have F1 team eventually believes Petrov
Ex-Formula 1 driver Vitaly Petrov believes plans for a Russian grand...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia to run “special test” for Jorge Martin...
No description available...
1h ago from Motorsport.com
Francesco Bagnaia explains why it's ‘impossible'...
After failing to secure a podium at his Grand Prix at Mugello, Francesco...
2h ago from MotorsportWeek.c...
Watch: “Feels like yesterday” - Alex Criville...
No description available...
4h ago from Motorsport.com
Liberty Media given “unconditional” green light...
No description available...
23h ago from Motorsport.com
Popular On IndyCarToday.com
How a “grumpy” Alex Palou ended up thankful for...
No description available...
17h ago from Motorsport.com
Winners and Losers from IndyCar’s Road America...
No description available...
1d ago from Motorsport.com
IndyCar Road America – Race Results
Road America was the scene of this weekend’s IndyCar event, and high...
1d ago from MotorsportWeek.c...
Santino Ferrucci hangs on for Road America podium,...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
5d ago from MotorsportWeek.c...
FIA approves updated bodywork rules for WRC 2027...
No description available...
2w ago from Motorsport.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
2x Champions League winner to complete Arsenal...
Arsenal are reportedly closing in on the final details of the Kepa...
2h ago from CaughtOffside.com
Revealed: Jose Mourinho has spoken with Man Utd star...
Fenerbahce have made an offer to Manchester United attacking midfielder...
1h ago from CaughtOffside.com
'Heartbroken' Arsenal target has informed club of...
Transfer journalist Fabrizio Romano has provided an update on the...
3h ago from CaughtOffside.com
Arsenal to compete with Tottenham for experienced star...
Arsenal and Tottenham Hotspur are set to compete for the Brentford...
3h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin STUNNED by Adrian Newey methods
2016 F1 world champion Nico Rosberg has suggested... Read More »
2h ago from GPFans.com
Ferrari don't trust Lewis Hamilton after Austrian Grand...
Ferrari's latest driver switch announcement may... Read More »
6h ago from GPFans.com
Fernando Alonso: Lewis Hamilton Ferrari struggles...
Fernando Alonso has asserted that Lewis... Read More »
2h ago from MotorsportWeek.com
