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Baku denies oil crisis threat to first Azerbaijan Grand Prix
Organisers of the inaugural Azerbaijan Grand Prix have hit back at reports that the June race is in doubt. Reports have suggested that due to the tumbling price of oil, local officials are coming under pressure to scrap expensive events like the street race in Baku. But Formula One Management (FOM) on Thursday released race start times for the 2016 season, confirming a ‘twilight' green light at 6pm for the Azerbaijan race. And the Baku City Circuit issued a statement to address media speculation that the oil and currency (Manat) problems have moved a cloud above the new European grand prix. 'The devaluation of the Manat will have no impact with regards to the staging of the first...
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8y ago from GrandPrix247.com
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