News Details
First Azerbaijan Grand Prix in jeopardy?
© WRI2
According to reports from an advisor to President Ilham Aliyev of Azerbaijan, the country's very first Grand Prix scheduled in Baku on June 19 could be in doubt. The oil-dependent nation has suffered massive economic loss in the past year following the collapse in the price of oil, and the government in Baku has now resorted to capital controls in an attempt to contain a collapse in turn of its currency. "Azerbaijan is an oil country," said presidential advisor Ali Hasanov. "The prices on oil and oil products have reduced threefold since early 2015. This means that Azerbaijan's revenues reduced threefold." The country's state of affairs has only gotten worse ...
Full Story »
Full Story »
You May Also Be Interested In...
Channel 4 confirms which races it will show live in...
UK broadcaster Channel 4, which has taken over the Formula 1 television...
9y ago from GrandPrixTimes.com
Todt says no FIFA style money shenanigans in the FIA
FIA president Jean Todt has moved to distance Formula 1's governing body...
9y ago from GrandPrix247.com
FIA president urges caution over closed cockpits
©N. Carpentiers and FIA
FIA president Jean Todt says any attempt to...
9y ago from F1i.com
PDVSA plays down Maldonado axe reports
A source at PDVSA, the Venezuelan state oil company, has played down...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Why Guenther Steiner doesn’t expect Liberty to copy...
No description available...
18h ago from Motorsport.com
Alex Rins explains Fabio Quartararo's edge on other...
No description available...
1d ago from Motorsport.com
Marc Marquez sets 'same lap time’ with 2024 and 2025...
No description available...
2d ago from Motorsport.com
Alex Marquez to receive factory-spec Ducati for 2026...
Alex Marquez is set to be rewarded for his 2025 MotoGP efforts and...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Team Penske places David Malukas in the iconic #12...
Team Penske has announced that David Malukas will be joining the team and...
3d ago from MotorsportWeek.c...
Team Penske signs David Malukas in multiyear IndyCar...
No description available...
3d ago from Motorsport.com
Zak Brown addresses three areas IndyCar can improve
McLaren CEO Zak Brown penned an open letter on Monday outlining his...
6d ago from MotorsportWeek.c...
The good, bad, and ugly of IndyCar's 2026 schedule
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Why Elfyn Evans claims "everything is open"...
No description available...
6d ago from Motorsport.com
Oliver Solberg wants “full season in WRC” after...
No description available...
1w ago from Motorsport.com
Kalle Rovanpera: We need wins for WRC title chance...
No description available...
6d ago from Motorsport.com
WRC Rally Chile: Sebastien Ogier leads title race with...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal 1-1 Manchester City: Premier League – as it...
riel Martinelli’s injury-time goal cancelled out a beauty from Erling...
10h ago from TheGuardian.com
Arsecast Extra Episode 659 – 21.09.2025
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
7h ago from Arseblog.com
'I don't want to' – Arsenal star fires warning...
Arsenal forward Gabriel Martinelli was on the scoresheet once again, but...
10h ago from CaughtOffside.com
Guardiola praises Manchester City’s ‘fantastic’...
t;li>Manager pleased with ‘resilience’ of his ‘transition...
9h ago from TheGuardian.com
Comments
Hottest News
F1 2025 Azerbaijan Grand Prix – Race Results
Max Verstappen won the Formula 1 Azerbaijan... Read More »
16h ago from MotorsportWeek.com
Oscar Piastri issues McLaren apology after brutal double...
Oscar Piastri's title lead has been cut to 25... Read More »
49m ago from RacingNews365.com
Lewis Hamilton can take huge boost after shock F1 podium
A shock podium at the Azerbaijan Grand Prix can... Read More »
15h ago from GPFans.com
