News Details

Barcelona council set to reduce subsidy

– Barcelona's City Council is set to reduce the subsidy which the Circuit de Barcelona-Catalunya receives for hosting the Formula 1 Spanish Grand Prix.The venue has held Formula 1 races on an annual basis since it opened in 1991 and this year renewed its contract for a further three seasons, meaning it will remain on the calendar until at least 2019.The circuit's subsidy will be reduced from 4 million to 2 million as the council prioritises other areas of society, according to local media.Gerardo Pisarello, first Deputy Mayor of Barcelona, confirmed that the changes will be introduced gradually in order for the circuit to have a "viable plan" and for it to eventually become...
Full Story »
10y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Race against time to build new pits for Canadian GP

The City of Montreal has acknowledged that time is tight to deliver the...
10y ago from GrandPrix247.com

Time ‘tight’ to deliver new pit and paddock...

The City of Montreal has acknowledged that time is tight to deliver the...
10y ago from ThisIsF1.com

Man charged after Yas Marina Circuit terror plot

A man has been charged in a United Arab Emirates court after planning a...
10y ago from F1Hub.net

Surtees receives CBE in New Year Honours list

The only man to win world championship in Formula One and motor cycle...
10y ago from FormulaSpy.com

Elsewhere On The Network

Popular On MGPToday.com

‘A World Champion cannot do a mistake like that'...

Aprilia CEO Massimo Rivola admits he “would not disagree” if Jorge...

Popular On IndyCarToday.com

IndyCar Officiating details infraction severity levels

IndyCar Officiating has released more specific information regarding the...
22h ago from MotorsportWeek.c...

Josef Newgarden did not know Christian Rasmussen...

Josef Newgarden won Sunday night’s thriller at World Wide Technology...

Popular On TotalWRC.com

Popular On GunnersToday.com

84 G/A in last two seasons: Arsenal's bargain £35m...

Arsenal reportedly look to be stepping up their interest in the potential...
12m ago from CaughtOffside.com

Report: Arsenal in talks to sign surprise £35m forward

Arsenal’s search for attacking reinforcements this summer appears to...
2h ago from FreshArsenal.com

Saudi clubs eye Arsenal star as top journalist drops...

Saudi Pro League clubs are reportedly still interested in Arsenal forward...
2h ago from CaughtOffside.com

Arsenal & Manchester United both keen on...

Arsenal and Manchester United are reportedly both interested in a...
3h 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.