News Details
Russia GP distance themselves from bankrupt promoter
Organisers of the Russian Grand Prix have gone out of their way to distance themselves from a bankrupt promoter lined to the event. Early this week, a Russian court declared that the government-owned ‘Formula Sochi' company is bankrupt, even though a contract to host the race through 2020 is still in place. But race organisers have hit back, insisting that the actual promoter since 2013 is OJSC Center Omega. In a statement, the liquidation of Formula Sochi was confirmed, but Omega said it was not only in charge of the construction of Sochi Autodrom but also 'the race-staging contract'. 'It (Omega) also has had the personnel and the finances required,' Omega added. 'The preparations...
Full Story »
Full Story »
10y ago from GrandPrix247.com
0
You May Also Be Interested In...
Russian Grand Prix company declared bankrupt
A company involved in organising the Russian Grand Prix has been declared...
10y ago from GrandPrix247.com
Organizer of Russian F1 GP declared bankrupt
A company involved in the Russian grand prix has been declared bankrupt....
10y ago from ThisIsF1.com
Russian GP bosses dismiss bankruptcy reports
Russian Grand Prix organisers have moved to clarify reports that the...
10y ago from Motorsport.com
Russia GP plays down bankrupt promoter reports
The Russian grand prix has hit back at reports that its promoter is...
10y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Manufacturers stand up to Liberty in Jerez as MotoGP...
No description available...
17h ago from Motorsport.com
Aprilia runs 2027 MotoGP bike on track for first time...
No description available...
18h ago from Motorsport.com
Aprilia opens new development path in MotoGP with...
No description available...
20h ago from Motorsport.com
Yamaha’s Jerez MotoGP updates improve rider feeling...
No description available...
21h ago from Motorsport.com
Popular On IndyCarToday.com
Rookie Caio Collet fastest in two-day Indy 500 open...
The NTT IndyCar Series held its traditional two-day open test for the...
12h ago from MotorsportWeek.c...
Rookie Caio Collet tops last day of Indy 500 Open Test...
No description available...
12h ago from Motorsport.com
PrizePicks partners with Arrow McLaren for Ryan...
No description available...
14h ago from Motorsport.com
Popular On TotalWRC.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
17h ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
19h ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
23h ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Deal 'on the horizon' as 13-goal midfielder packing...
Arsenal reportedly look to be making progress on a transfer deal for...
33m ago from CaughtOffside.com
Fabrizio Romano shares photo that will fuel major...
Fabrizio Romano is one of the most trusted journalists in football...
1h ago from CaughtOffside.com
WATCH: Diego Simeone involved in clash with Arsenal...
Diego Simeone was involved in a heated exchange with Arsenal’s Ben White...
1h ago from SportsKeeda.com
Diego Simeone rates Julian Alvarez's chances of...
Atletico Madrid manager Diego Simeone has spoken out on the Julian Alvarez...
2h ago from CaughtOffside.com
Comments
Hottest News
FIA makes further changes to F1 regulations
Further changes to the F1 regulations have... Read More »
1h ago from RacingNews365.com
FIA eyes V8 return as lessons learned from 2026...
Apr.30 Formula 1 could be heading back towards... Read More »
2h ago from OneStopStrategy.com
Racing Bulls light up Miami in striking sunshine yellow
The Miami Grand Prix hasn’t even fired up its... Read More »
1h ago from F1i.com
