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 sought Marc Marquez’s advice before...
No description available...
6h ago from Motorsport.com
Davide Brivio: Trackhouse looking to remain Aprilia's...
Team boss Davide Brivio has revealed that Trackhouse Racing is looking to...
8h ago from MotorsportWeek.c...
Joan Mir fears early silly season could leave MotoGP...
No description available...
1d ago from Motorsport.com
Francesco Bagnaia rediscovers his ‘feeling' on...
Francesco Bagania has admitted he's rediscovered his feeling with the...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Honda quick in IndyCar Sebring test, Grosjean tests...
Nearly the entire IndyCar paddock was present at Sebring International...
2h ago from MotorsportWeek.c...
Mick Schumacher reveals what has surprised him the...
No description available...
1h ago from Motorsport.com
Jay Frye reflects on IndyCar run one year after...
No description available...
12m ago from Motorsport.com
IndyCar Sebring test: Marcus Armstrong leads Day 2,...
No description available...
18h ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg keeping feet on the ground ahead of...
No description available...
1d ago from Motorsport.com
Esapekka Lappi thought his WRC career was over, but...
No description available...
5d ago from Motorsport.com
Kalle Rovanpera co-driver Jonne Halttunen lands Toyota...
No description available...
6d ago from Motorsport.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal and Liverpool involved in intense discussions...
Arsenal and Liverpool remain interested in signing Yan Diomande. The...
42m ago from CaughtOffside.com
Arsenal boss Mikel Arteta's classy response to Thomas...
Arsenal manager Mikel Arteta gave a classy response to the news that...
3h ago from CaughtOffside.com
'Shut up about Arsenal' – Spurs players shared...
Tottenham players were reportedly unimpressed by former manager Thomas...
4h ago from CaughtOffside.com
Journalist claims important Arsenal talks 'moving in a...
Arsenal's talks over a new contract for Kai Havertz are reportedly moving...
8h ago from CaughtOffside.com
Comments
Hottest News
LIVE: 2026 F1 Bahrain Pre-Season 1st Test - Day 1
Follow along with the first day of the first... Read More »
12h ago from RacingNews365.com
Bahrain F1 test - Day 1: Norris fastest, Verstappen tops...
Under bright skies and watchful eyes, reigning... Read More »
1h ago from F1i.com
Audi shocks at F1 Bahrain test with radical sidepod gamble
As Formula 1 teams resumed in Bahrain their... Read More »
6h ago from F1i.com
