News Details
Baku denies F1 race threatened by oil woes
Race organisers have reassured Formula One fans that Azerbaijan's inaugural Grand Prix in June will go ahead as planned despite a slump in global oil prices and the weakness of the local currency. "The devaluation of the manat will have no impact with regards to the staging of the first ever Formula One race in Azerbaijan," Baku City Circuit (BCC) said in a statement in response to media speculation. "When the budget for the Grand Prix of Europe was approved, it was initially calculated in US dollars. As a result, we are not expecting any changes to the current event budget." Hosting fees paid to Formula One's commercial rights holder vary, with traditional European...
Full Story »
Full Story »
9y ago from SuperSport.com
0
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 to be twilight race
The inaugural European GP in Azerbaijan will be a twilight race after a...
9y ago from SkySports.com
Azerbaijan to be twilight race to avoid Le Mans clash
The new European Grand Prix, which will be held on the streets of...
9y ago from GrandPrixTimes.com
Bahrain offers big early-booking discounts on 2016...
Bahrain International Circuit is offering up to 20 per cent discounts on...
9y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Marquez recorded first Ducati MotoGP crash after 780km...
No description available...
11h ago from Motorsport.com
Fernandez set for return in Thailand MotoGP test after...
No description available...
10h ago from Motorsport.com
Bagnaia 50-50 on new Ducati MotoGP engine amid...
No description available...
13h ago from Motorsport.com
Morbidelli leads Quartararo on Day 2 of Sepang MotoGP...
No description available...
16h ago from Motorsport.com
Popular On IndyCarToday.com
Power sets goal of five move competitive years in...
Will Power is one of the NTT IndyCar Series’ longest tenured drivers,...
5h ago from MotorsportWeek.c...
Conor Daly thinks IndyCar should race in Mexico and...
No description available...
1d ago from Motorsport.com
Andretti Global shows off new liveries for 2025...
Andretti Global has revealed a trio of new liveries for the team’s cars...
3d ago from MotorsportWeek.c...
Penske President Tim Cindric to reduce leadership role
Team Penske announced on Friday afternoon that long-time President Tim...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Fourmaux to keep ‘head on shoulders’ after...
No description available...
1w ago from Motorsport.com
Solberg handed penalty for drifting on Monaco GP...
No description available...
1w ago from Motorsport.com
The five big takeaways from the WRC Rally Monte Carlo
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal planning to spend big in the summer transfer...
No description available...
6h ago from SportsKeeda.com
Real Madrid hold talks with 60m rated star wanted by...
No description available...
9h ago from SportsKeeda.com
Arsenal and Liverpool keeping tabs on 23-year-old star...
No description available...
10h ago from SportsKeeda.com
Mikel Arteta must refocus Arsenal’s mammoth task...
ager must put semi-final loss to Newcastle behind them with depleted squad...
9h ago from TheGuardian.com
Comments
Hottest News
Aston Martin unveil STUNNING 2025 car design after Newey...
Aston Martin have unveiled a new challenger for... Read More »
17h ago from GPFans.com
Hamilton deal in TRILLION dollar boost as world champ...
A partnership with seven-time Formula 1 champion... Read More »
3h ago from GPFans.com
Hamilton honors Mercedes staff with special 3,000-piece gift
Lewis Hamilton's 12-year reign with the... Read More »
8h ago from F1i.com
