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Copenhagen F1 race in doubt over funding
While Formula One Management has made no secret of its desire to take the sport into the heart of its so-called destination cities, one of many factors that has to be overcome is the financing of the events. While it is believed FOM is looking to share the cost of hosting the planned F1 race in Miami - and thereby share the profits (if any) - a disagreement over the financing of a hoped for race in Copenhagen has now placed that event in doubt. Following a meeting between the Danish Finance Minister, Kristian Jensen, and Copenhagen's mayor, Frank Jensen, it is claimed the two were unable to agree on funding. 'The government is prepared to put some money into the hosting of Formula 1 in...
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7y ago from Pitpass.com
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