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Ecclestone denies F1 heading to Madrid

October 24, 2014 .- Bernie Ecclestone has played down reports he is in advanced talks to bring formula one to the streets of Madrid. Spain's El Confidencial claimed this week the F1 supremo is already in possession of a business plan and bank guarantees, as a group of businessmen want the Spanish capital to host an annual street race. The news would seem to be a threat to F1's existing Spanish grand prix in Barcelona, but Circuit de Catalunya boss Salvador Servia reacted: "We know nothing. "Nobody has told us anything." F1 chief executive Ecclestone has also now played down the Madrid reports, confirming that a group "talked about it but nothing has happened"....
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