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 »
9y 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...
9y ago from GrandPrix247.com
Organizer of Russian F1 GP declared bankrupt
A company involved in the Russian grand prix has been declared bankrupt....
9y ago from ThisIsF1.com
Russian GP bosses dismiss bankruptcy reports
Russian Grand Prix organisers have moved to clarify reports that the...
9y ago from Motorsport.com
Russia GP plays down bankrupt promoter reports
The Russian grand prix has hit back at reports that its promoter is...
9y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo fastest in MotoGP Sepang shakedown...
Yamaha rider Fabio Quatararo topped the time sheets in the MotoGP...
6h ago from MotorsportWeek.c...
Quartararo tops MotoGP’s Sepang shakedown test for...
No description available...
7h ago from Motorsport.com
Honda unveils all-new 2025 MotoGP livery after Repsol...
No description available...
1d ago from Motorsport.com
Honda exhibits 2025 MotoGP livery
Honda Racing Corporation is the latest team to exhibit its 2025 MotoGP...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Penske President Tim Cindric to reduce leadership role
Team Penske announced on Friday afternoon that long-time President Tim...
1d ago from MotorsportWeek.c...
Team Penske's Tim Cindric steps back from his...
No description available...
1d ago from Motorsport.com
Zak Brown: IndyCar "should slipstream on the back...
No description available...
4d ago from Motorsport.com
PREMA completes first on-track IndyCar test session
PREMA Racing conducted its first on-track test session in IndyCar earlier...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Fourmaux to keep ‘head on shoulders’ after...
No description available...
3d ago from Motorsport.com
The five big takeaways from the WRC Rally Monte Carlo
No description available...
5d ago from Motorsport.com
Solberg handed penalty for drifting on Monaco GP...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Mathys Tel makes transfer decision amid Manchester...
No description available...
54m ago from SportsKeeda.com
Mathys Tel 'chooses next club' with Man United,...
Bayern Munich forward Mathys Tel reportedly signals that he wants to join...
1h ago from SportsMole.co.uk
Concrete negotiations underway: Arsenal target has...
Bayern Munich attacker Mathys Tel has been linked with a move to the...
1h ago from CaughtOffside.com
Comments
Hottest News
F1 News Today: Horner breaks silence as Verstappen SPLIT...
Christian Horner has broken his silence after a... Read More »
3h ago from GPFans.com
Are Red Bull expanding or not? This is going on at...
'You see there is no vacancy at Red Bull Racing?'... Read More »
1h ago from GPBlog.com
Carlos Sainz's Dad Believes Mercedes Made a Mistake With...
Former Formula 1 driver Marc Surer has disclosed... Read More »
34m ago from Formula1News.co.uk
