News Details
Ecclestone backs Melbourne's secret F1 fee
F1 chief Bernie Ecclestone has joined the local state government in Australia in refusing to divulge the cost of the annual formula one race. The race fee paid by Melbourne organisers to the Ecclestone-led Formula One Management is picked up entirely by taxpayers, but Victorian sports minister John Eren argues the actual amount must remain secret. 'We're not in the business of giving rival cities around the world that want our flagship event a competitive advantage,' he told the local Herald Sun newspaper. The report speculates the fee could be as high as US $38 million, but Ecclestone backed the government in keeping it a secret. 'I don't think there is any need to (inform...
Full Story »
Full Story »
9y ago from GrandPrix247.com
0
You May Also Be Interested In...
Verstappen: Mmmm! That champagne tastes nice
Record-breaking teenager Max Verstappen handled his triumphant arrival as...
9y ago from GrandPrix247.com
Ecclestone: They're trying to do some plotting
Formula 1 supremo Bernie Ecclestone on Sunday confirmed reports some of...
9y ago from GrandPrix247.com
Wolff rules himself out of Ecclestone's job
Toto Wolff has now joined Niki Lauda in distancing himself from...
9y ago from GrandPrix247.com
Russia to have F1 team eventually believes Petrov
Ex-Formula 1 driver Vitaly Petrov believes plans for a Russian grand...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin comeback win earns praise from fellow...
No description available...
6h ago from Motorsport.com
MotoGP United States GP: Schedule and full starting...
No description available...
6h ago from Motorsport.com
"Zero regrets," says Joan Mir after last-lap...
No description available...
8h ago from Motorsport.com
Marc Marquez penalised for Fabio di Giannantonio clash...
No description available...
18h ago from Motorsport.com
Popular On IndyCarToday.com
Alessandro de Tullio breaks through for first Indy NXT...
No description available...
34m ago from Motorsport.com
Will Power crashes in Barber qualifying but believes...
No description available...
19h ago from Motorsport.com
Alex Palou beats Malukas to Barber pole after tight...
No description available...
20h ago from Motorsport.com
Alex Palou earns IndyCar pole at Barber
Saturday afternoon at Barber Motorsports Park was devoted to IndyCar...
20h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Subaru teases new rally car for Japanese Championship
No description available...
3d ago from Motorsport.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
3d ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
6d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Sources: Why football's 'next superstar' snubbed...
Chelsea and Arsenal registered an interest in the transfer of Nico Paz,...
4h ago from CaughtOffside.com
Latest Arsenal injury news as another Gunners star...
There has been yet another Arsenal player withdrawing from international...
4h ago from CaughtOffside.com
Arsenal favourites to sign 21-year-old German striker...
Arsenal are reportedly in pole position to sign Club Brugge star Nicolo...
6h ago from SportsKeeda.com
Exclusive: Arsenal favourites to sign 'future of...
Arsenal are the favourites for the transfer of talented young German...
8h ago from CaughtOffside.com
Comments
Hottest News
Jacques Villeneuve on Ollie Bearman crash at Suzuka “Now...
Speaking on F1 TV, normally ultra-confident but... Read More »
4h ago from GrandPrix247.com
'I've given up': Aston Martin Newey replacement saga leaves...
The never-ending crisis at Aston Martin is one of... Read More »
1h ago from GPFans.com
Ollie Bearman Suzuka crash shouldn't have happened, and...
The new F1 regulations are edging closer and... Read More »
2h ago from GPFans.com
