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
Liberty Media reports MotoGP’s revenue and losses...
No description available...
4h ago from Motorsport.com
Johann Zarco: 'Maybe I have a chance' of repeat French...
No description available...
4h ago from Motorsport.com
Tech3 close to deciding between KTM and Honda for 2027...
No description available...
6h ago from Motorsport.com
Popular On IndyCarToday.com
How to watch IndyCar 2026 Indy GP: Weekend schedule,...
No description available...
1h ago from Motorsport.com
Graham Rahal “not a fan” of new rule allowing...
No description available...
1d ago from Motorsport.com
FOX unveils plan for 60 hours of Indy 500 coverage
No description available...
3d ago from Motorsport.com
IndyCar officiating board helps shape Push to Pass...
IndyCar’s new Independent Officiating Board has made one of its first...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Oliver Solberg grabs Rally Portugal lead as Hyundai...
No description available...
1h ago from Motorsport.com
Why WRC drivers expect Portugal to deliver a rally...
No description available...
9h ago from Motorsport.com
Hyundai brings WRC engine upgrade to Rally Portugal
No description available...
12h ago from Motorsport.com
How Ott Tanak can help Toyota's WRC 2027 car...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Brazilian defender emerges as a target for Arsenal as...
Brazilian defender Wesley has done quite well for AS Roma, and Arsenal are...
13m ago from CaughtOffside.com
Champions League review: a punch for Arteta and are...
teams for the final in Budapest are set. We look at how they got there...
2h ago from TheGuardian.com
PSG v Arsenal: six factors that could decide the...
ping Ousmane Dembélé quiet will be tough but Mikel Arteta’s side have...
2h ago from TheGuardian.com
Arsenal ready to splash UCL cash on 28-G/A star who is...
Arsenal are reportedly interested in signing the PSG attacker Khvicha...
3h ago from CaughtOffside.com
Comments
Hottest News
Daniel Ricciardo heading to iconic race: 'Never been more...
Former F1 star Daniel Ricciardo has confirmed... Read More »
43m ago from GPFans.com
Max Verstappen obliterates rival as F1 champion makes...
Catch up with all the very best news from the... Read More »
43m ago from RacingNews365.com
Red Bull target sensational Oscar Piastri move with Max...
Red Bull have turned their attention to McLaren... Read More »
3h ago from GPFans.com
