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Baku seeking better deal with Liberty Media
Azerbaijan Grand Prix promoter Arif Rahimov has revealed that they want to negotiate a better deal with Liberty Media in order to continue hosting Formula 1 races. Azerbaijan arrived on the Formula 1 calendar in 2016 after a 10-year agreement was reached with then owner Bernie Ecclestone, which included a break clause after five years. Baku has to pay one of the largest fees of all the circuits to host Formula 1 races as Ecclestone needed to be convinced of adding the destination to the schedule. But, they now want to bring those costs down for the second half of their hosting contract. 'We have a contract which is a binding contract for five years, for five races, starting in 2016,'...
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6y ago from PlanetF1.com
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