News Details

Baku wants revised F1 contract and race in June

Azerbaijan wants their grand prix to return to a June slot on the Formula 1 calendar and is pushing to renegotiate its contract post-2020 so that it pays less in race-hosting fees and gains more from commercial benefits. Promoter Arif Rahimov told reporters at the Monaco Grand Prix that the current contract was a binding commitment for five races from 2016 but with a break clause before a subsequent five. That clause has to be activated before the end of June. “We haven’t triggered the break clause, we’re negotiating on the second part of the contract,” said Rahimov. Azerbaijan pays more than most for its race in Baku and any reduction in fees would hit commercial rights holders...
Full Story »
7y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Baku wants to renegotiate F1 contract

May 21 Baku promoter Arif Rahimov has admitted the race wants to...
7y ago from OneStopStrategy.com

Miami won’t replace Baku on F1 calendar in 2019

Baku will continue to play host to Formula 1 for at least two more years...
7y ago from Crash.net

Baku boss says Miami won't replace race

May 25 Baku race chief Arif Rahimov has denied rumours it might lose its...
7y ago from OneStopStrategy.com

Baku seeking better deal with Liberty Media

Azerbaijan Grand Prix promoter Arif Rahimov has revealed that they want...
7y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

The MotoGP standouts and strugglers of 2025 so far

Motorsport Monday’s latest MotoGP feature spotlights nine different...
21h ago from MotorsportWeek.c...

Johann Zarco ‘thinking about how to stay' with...

Johann Zarco admits he is “thinking about how to stay” at LCR Honda...

Fabio Quartararo aims to ‘get back to the top'...

Fabio Quartararo revealed that his number one priority is to "get...

Popular On IndyCarToday.com

Santino Ferrucci issued post-race penalty but keeps...

The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...

Louis Foster reveals likely cause of scary 180MPH...

On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...

Popular On TotalWRC.com

Popular On GunnersToday.com

Premier League star could join Arsenal if two other...

Arsenal's interest in the potential transfer of Aston Villa striker Ollie...
3h ago from CaughtOffside.com

“I would love someone like him to come back to the...

Arsenal legend Ian Wright wants his former side to usurp Liverpool to the...
2h ago from SportsKeeda.com

Journalist 'starting to hear whispers' that Tottenham...

Tottenham could reportedly be ready to move for the transfer of...
4h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.