News Details

Baku denies F1 race is in doubt

Baku Grand Prix organisers have dismissed suggestions that the city's inaugural Formula 1 race is in doubt because of the collapse in oil prices. Reports emerging on Thursday suggested that the country's financial woes – caused by the fall in oil prices and collapse of its currency (Manat) – could force a rethink about the money being spent on the race. Azerbaijan is heavily dependent on oil and, amid a tough economic impact caused by the commodity's price drop, there have been suggestions the race could be under threat. But Baku chiefs have moved quickly to dismiss claims of the event being in jeopardy, and insist that the June race will not be impacted by what happens to oil prices...
Full Story »
9y ago from Motorsport.com 0
Share

You May Also Be Interested In...

Abiteboul flies to Venezuela amid Maldonado reports

Renault officials have flown to Caracas amid speculation Pastor Maldonado...
9y ago from GrandPrix247.com

Will Maldonado be on the F1 grid this season?

Formula 1 driver Pastor Maldonado's future at the Renault-owned Lotus...
9y ago from GrandPrix247.com

Manor sign ex-Ferrari Chief Designer

The Manor F1 team have secured the signature of former Ferrari designer...
9y ago from FormulaSpy.com

Azerbaijan orgainsers upbeat despite reports of...

Amid mounting reports, the promoter of Formula 1's newest race said...
9y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP exploring options to return to China after...

MotoGP series promoter Dorna is reportedly considering a return to China...
15h ago from MotorsportWeek.c...

Jorge Lorenzo shares his ‘theory' on the cause...

Five-time MotoGP champion Jorge Lorenzo believes that multiple factors...

Popular On IndyCarToday.com

JHR retains Sting Ray Robb for second season

Juncos Hollinger Racing has confirmed that Sting Ray Robb will remain...

Aggressive testing schedule planned ahead of Mick...

Following confirmation Mick Schumacher will make a switch to IndyCar next...

Mick Schumacher joins RLL in IndyCar switch

Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal vs Brentford Prediction and Betting Tips |...

Arsenal and Brentford will battle for three points in an all-London affair...
5h ago from SportsKeeda.com

Theo Walcott makes claim about Chelsea's PL title...

Former England star Theo Walcott believes Chelsea are a threat to Arsenal...
6h ago from SportsKeeda.com

Arsenal, Chelsea and Liverpool learn asking price for...

Real Madrid midfielder Eduardo Camavinga has been linked with a move away...
7h ago from CaughtOffside.com

Mikel Arteta hails ‘more reliable’ Arsenal squad...

t;li>Manager confident squad-building lessons learned He hopes Havertz...
13h ago from TheGuardian.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.