News Details
Baku denies F1 race threatened by oil woes
Race organisers have reassured Formula One fans that Azerbaijan's inaugural Grand Prix in June will go ahead as planned despite a slump in global oil prices and the weakness of the local currency. "The devaluation of the manat will have no impact with regards to the staging of the first ever Formula One race in Azerbaijan," Baku City Circuit (BCC) said in a statement in response to media speculation. "When the budget for the Grand Prix of Europe was approved, it was initially calculated in US dollars. As a result, we are not expecting any changes to the current event budget." Hosting fees paid to Formula One's commercial rights holder vary, with traditional European...
Full Story »
Full Story »
10y ago from SuperSport.com
0
You May Also Be Interested In...
Azerbaijan Grand Prix under threat as oil prices...
Azerbaijan's inaugural Formula 1 race could be in doubt, according to...
10y ago from GrandPrix247.com
Azerbaijan to be twilight race
The inaugural European GP in Azerbaijan will be a twilight race after a...
10y ago from SkySports.com
Azerbaijan to be twilight race to avoid Le Mans clash
The new European Grand Prix, which will be held on the streets of...
10y ago from GrandPrixTimes.com
Bahrain offers big early-booking discounts on 2016...
Bahrain International Circuit is offering up to 20 per cent discounts on...
10y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Barcelona tumbles haunting Jorge Martin: "I...
No description available...
3h ago from Motorsport.com
Jorge Martin's Red Bull relationship over after...
No description available...
5h ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou quickest in first IndyCar practice from...
Just a few short days after the conclusion of a thrilling Indianapolis...
1h ago from MotorsportWeek.c...
How to watch IndyCar 2026 Detroit GP: Weekend...
No description available...
1d ago from Motorsport.com
Barnes: A few thoughts on the schedule surrounding the...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Takamoto Katsuta explains factors behind his “worst...
No description available...
9h ago from Motorsport.com
Elfyn Evans heads Toyota top four lockout on Rally...
Elfyn Evans and co-driver Scott Martin delivered a flawless performance...
13h ago from MotorsportWeek.c...
WRC Rally Japan: Elfyn Evans makes road position count...
No description available...
11h ago from Motorsport.com
WRC Rally Japan: Elfyn Evans leads as deer delay...
No description available...
14h ago from Motorsport.com
Popular On GunnersToday.com
Liverpool interested in stunning breakout Premier...
Liverpool and Manchester United are among several Premier League clubs...
3h ago from CaughtOffside.com
Arsenal boss Mikel Arteta provides squad fitness...
Arsenal boss Mikel Arteta provided a fitness update on 2 key players ahead...
3h ago from SportsKeeda.com
Arteta insists Arsenal’s ‘ambition is bigger’...
t;li>Gunners face PSG in Budapest final on Saturday‘We have one, and...
4h ago from TheGuardian.com
PSG’s motivation greater than Arsenal’s desire for...
t;li>Luis Enrique: ‘Retaining it is source of inspiration for...
6h ago from TheGuardian.com
Comments
Hottest News
Cadillac Team Principal Lowdon Shuts Down Bottas Departure...
Cadillac F1 team principal Graeme Lowdon has... Read More »
54m ago from Formula1News.co.uk
Mercedes drops bid to buy stake in Alpine
Mercedes has ended its bid to buy a minority... Read More »
1h ago from MotorsportWeek.com
Mercedes Confirm Battery Catastrophe Cost Russell Points In...
Mercedes technical director James Allison has... Read More »
1h ago from Formula1News.co.uk
