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
Jorge Martin nears return after being declared fit for...
No description available...
46m ago from Motorsport.com
Marc Marquez demands respect for brother Alex Marquez...
Marc Marquez has called for “respect for all” MotoGP riders, after...
4h ago from MotorsportWeek.c...
The winners and losers from MotoGP's Dutch Grand Prix
No description available...
3h ago from Motorsport.com
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
23h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
3d ago from MotorsportWeek.c...
Where does Santino Ferrucci see his first IndyCar win...
No description available...
2d ago from Motorsport.com
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
5d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Why Ott Tanak feared final stage drama could cost his...
No description available...
20h ago from Motorsport.com
FIA investigates WRC retirements due to fuel system...
No description available...
1d ago from Motorsport.com
WRC Acropolis Rally: Ott Tanak ends Hyundai’s...
No description available...
1d ago from Motorsport.com
Ott Tanak ends Hyundai’s victory drought
Ott Tanak and Martin Jarveoja clinched their and Hyundai’s first...
1d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Thomas Partey in talks to join new club alongside...
Thomas Partey is reportedly in talks to sign for Galatasaray after his...
46m ago from SportsKeeda.com
Can Arsenal Lift A Trophy In The 2025/26 Season?
There's no arguing that Arsenal are one of the top teams in both England...
1h ago from FreshArsenal.com
'Contacts are taking place' – Fabrizio Romano...
Fabrizio Romano has reported on the Eberechi Eze to Arsenal transfer...
1h ago from CaughtOffside.com
Player with 10 goals & 9 assists already in...
Arsenal are closing in on the capture of Martin Zubimendi from Real...
2h ago from CaughtOffside.com
Comments
Hottest News
FIA issue Lando Norris disqualification verdict at Austrian...
The FIA have issued a comprehensive verdict for... Read More »
19h ago from GPFans.com
Little known about Vasseur's paddock exit – report
Jun.30 At the height of raging speculation... Read More »
3h ago from OneStopStrategy.com
Valtteri Bottas F1 survival chances boosted by surprise...
Valtteri Bottas' chances of returning to a... Read More »
55m ago from RacingNews365.com
