News Details
Russia GP plays down bankrupt promoter reports
The Russian grand prix has hit back at reports that its promoter is bankrupt. 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 for the (2015) Russian GP are well...
Full Story »
Full Story »
10y ago from GrandPrix.com
0
You May Also Be Interested In...
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 promoter reacts to bankruptcy reports
The promoter of the Russian Grand Prix has issued a statement in reaction...
10y ago from Pitpass.com
Russian Grand Prix company declared bankrupt
A company involved in organising the Russian Grand Prix has been declared...
10y ago from GrandPrix247.com
Russian GP company bankrupt
A company involved in the Russian grand prix has been declared bankrupt....
10y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez tops first MotoGP practice in Brno
Factory Ducati's Marc Marquez topped the timesheets in the first MotoGP...
3h ago from MotorsportWeek.c...
Jorge Martin has no “regrets” after attempts to...
No description available...
19h ago from Motorsport.com
Jorge Martin confirms decision to remain with Aprilia...
Reigning MotoGP World Champion Jorge Martin has reversed his decision to...
21h ago from MotorsportWeek.c...
Yamaha V4 engine ‘two seconds slower' than...
Yamaha rider Alex Rins revealed that the manufacturer’s V4 project is...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Kyle Kirkwood says people should appreciate Alex...
No description available...
18h ago from Motorsport.com
Arrow McLaren's Nolan Siegel cleared to race in Toronto
No description available...
20h ago from Motorsport.com
Taylor Barnard rejected McLaren IndyCar and WEC offers...
Taylor Barnard has turned down the chance to race for Arrow McLaren in...
1d ago from MotorsportWeek.c...
IndyCar Iowa – Race 1 Results
The first race of IndyCar’s double-header weekend from Iowa Speedway...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Oliver Solberg stuns WRC field to lead Rally Estonia...
No description available...
1h ago from Motorsport.com
The key questions ahead of WRC Rally Estonia
No description available...
20h ago from Motorsport.com
Why Adrian Newey “goes to another office” to avoid...
No description available...
2d ago from Motorsport.com
Sudden failure forces Adrien Fourmaux out of Rally...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Report: Tottenham want star who was the POTY in his...
Tottenham Hotspur are interested in signing the Swiss International...
57m ago from CaughtOffside.com
Episode 837 – Eze does it
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
1h ago from Arseblog.com
Journalist claims Arsenal have made concrete approach...
German football journalist Christian Falk has made the claim that Arsenal...
3h ago from CaughtOffside.com
Expert reveals CL giants have held talks over Arsenal...
Christian Falk reports that Arsenal duo Gabriel Martinelli and Leandro...
4h ago from CaughtOffside.com
Comments
Hottest News
Mercedes replacing George Russell with Max Verstappen would...
2009 F1 World Champion Jenson Button has advised... Read More »
3h ago from MotorsportWeek.com
Mick Schumacher confirms 'very positive' talks over...
Mick Schumacher has confirmed talks with an F1... Read More »
1h ago from GPFans.com
Ferrari update poised to be bad news for Red Bull and...
Ferrari is set to unveil its final major upgrade... Read More »
2h ago from RacingNews365.com