News Details
F1 Russian GP hit back bankrupt promoter reports
The Russian grand prix has hit back at reports that its promoter is bankrupt. 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 for the (2015) Russian GP are well under way,' the...
Full Story »
Full Story »
10y ago from ThisIsF1.com
0
You May Also Be Interested In...
Russia GP distance themselves from bankrupt promoter
Organisers of the Russian Grand Prix have gone out of their way to...
10y ago from GrandPrix247.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
Russian GP bosses dismiss bankruptcy reports
Russian Grand Prix organisers have moved to clarify reports that the...
10y ago from Motorsport.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
Elsewhere On The Network
Popular On MGPToday.com
The CRB is the F1 ‘court’ that could unlock Jorge...
No description available...
1h ago from Motorsport.com
Aprilia preparing test for Jorge Martin ahead return...
Aprilia is prepared to organise a special test for MotoGP World Champion...
1d ago from MotorsportWeek.c...
Why Assen Moto2 winner Diego Moreira is in pole...
No description available...
1d ago from Motorsport.com
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
4d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
RLL having to ‘unwind’ and ‘backtrack’...
Rahal Letterman Lanigan Racing is making a concerted effort to move...
1d ago from MotorsportWeek.c...
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
6d ago from MotorsportWeek.c...
Where does Santino Ferrucci see his first IndyCar win...
No description available...
5d ago from Motorsport.com
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Oliver Solberg to make WRC Rally1 outing with Toyota...
No description available...
5h ago from Motorsport.com
Sebastien Ogier to make WRC return at Rally Finland
No description available...
1d ago from Motorsport.com
New WRC 2027 regulations draw interest from tuners and...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
'Some big-name players are on their list': Insider...
Arsenal remain interested in signing the PSG attacker Bradley Barcola...
2h ago from CaughtOffside.com
Episode 835 – Perspective
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
27m ago from Arseblog.com
Report: Target has handed Gunners a boost with his...
Arsenal continue to be linked with a move for the Valencia defender...
3h ago from CaughtOffside.com
Arsenal contact Premier League forward after facing...
Arsenal may be forced to pivot to a new striker target this summer, with...
4h ago from FreshArsenal.com
Comments
Hottest News
Brown on Verstappen to Mercedes rumours: Where there’s...
McLaren boss Zak Brown claimed that Red Bull's... Read More »
47m ago from GrandPrix247.com
Vowles: We can hold on to fifth in the championship
James Vowles claimed Williams are confident they... Read More »
47m ago from GrandPrix247.com
Tim Mayer challenging Ben Sulayem in FIA Presidency...
Mohammed Ben Sulayem will face a challenge to his... Read More »
47m ago from GrandPrix247.com
