News Details
Azerbaijan GP organisers deny F1 race under threat
Organisers for the upcoming F1 Grand Prix of Europe in Azerbaijan say its inaugural event is not under threat, despite a recent global drop in oil and gas prices sparking economic concerns. Azerbaijan is gearing up to host its maiden F1 race in June this year around the streets of its capital city Baku, but it comes at a time when global prices in gas and oil – which it is economically dependent on – have slumped. Indeed, though Azerbaijan economy has grown sharply in recent years on the back of rising prices, the drop has caused the local currency, the Manat, to devalue sharply, raising concerns that it could be forced to rein in public spending in an effort to stabilise it again....
Full Story »
Full Story »
You May Also Be Interested In...
Azerbaijan Grand Prix under threat as oil prices...
Azerbaijan's inaugural Formula 1 race could be in doubt, according to...
9y ago from GrandPrix247.com
Azerbaijan orgainsers upbeat despite reports of...
Amid mounting reports, the promoter of Formula 1's newest race said...
9y ago from GrandPrix247.com
First Azerbaijan Grand Prix in jeopardy?
© WRI2
According to reports from an advisor to President Ilham Aliyev of...
9y ago from F1i.com
Baku denies F1 race is in doubt
Baku Grand Prix organisers have dismissed suggestions that the city's...
9y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Alex Rins explains Fabio Quartararo's edge on other...
No description available...
13h ago from Motorsport.com
Marc Marquez sets 'same lap time’ with 2024 and 2025...
No description available...
1d 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...
1d ago from MotorsportWeek.c...
Alex Marquez to ride identical Ducati to Marc Marquez...
No description available...
2d ago from Motorsport.com
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...
2d ago from MotorsportWeek.c...
Team Penske signs David Malukas in multiyear IndyCar...
No description available...
2d ago from Motorsport.com
Zak Brown addresses three areas IndyCar can improve
McLaren CEO Zak Brown penned an open letter on Monday outlining his...
5d ago from MotorsportWeek.c...
The good, bad, and ugly of IndyCar's 2026 schedule
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Why Elfyn Evans claims "everything is open"...
No description available...
5d ago from Motorsport.com
Oliver Solberg wants “full season in WRC” after...
No description available...
6d ago from Motorsport.com
Kalle Rovanpera: We need wins for WRC title chance...
No description available...
5d ago from Motorsport.com
WRC Rally Chile: Sebastien Ogier leads title race with...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
'I'm not going to lie…' – Arsenal star...
Arsenal midfielder Mikel Merino has praised the 'finishers' in Mikel...
3h ago from CaughtOffside.com
Set pieces and squad depth: Arsenal aim to maintain...
el Arteta’s side need to improve their record after Champions League...
5h ago from TheGuardian.com
'Their interest remains active' – Sources claim...
Arsenal and Manchester United are among the clubs interested in a...
15h ago from CaughtOffside.com
Not just a goal machine: new model Haaland can deliver...
iker is getting better in a changing Manchester City team and in the sort...
10h ago from TheGuardian.com
Comments
Hottest News
George Russell health update issued after Mercedes star's...
An update on Mercedes F1 star George Russell's... Read More »
7h ago from GPFans.com
'I thought I was shooting for pole' - Hamilton questions...
A... Read More »
2h ago from SkySports.com
F1 Qualifying Results: Oscar Piastri gets lucky as THREE...
McLaren F1 star Oscar Piastri got his lap time in... Read More »
12h ago from GPFans.com
