News Details
Azerbaijan GP organisers deny F1 race under threat
Organisers for the upcoming F1 Grand Prix of Europe in Azerbaijan say its inaugural event is not under threat, despite a recent global drop in oil and gas prices sparking economic concerns. Azerbaijan is gearing up to host its maiden F1 race in June this year around the streets of its capital city Baku, but it comes at a time when global prices in gas and oil – which it is economically dependent on – have slumped. Indeed, though Azerbaijan economy has grown sharply in recent years on the back of rising prices, the drop has caused the local currency, the Manat, to devalue sharply, raising concerns that it could be forced to rein in public spending in an effort to stabilise it again....
Full Story »
Full Story »
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...
9y ago from GrandPrix247.com
Azerbaijan orgainsers upbeat despite reports of...
Amid mounting reports, the promoter of Formula 1's newest race said...
9y ago from GrandPrix247.com
First Azerbaijan Grand Prix in jeopardy?
© WRI2
According to reports from an advisor to President Ilham Aliyev of...
9y ago from F1i.com
Baku denies F1 race is in doubt
Baku Grand Prix organisers have dismissed suggestions that the city's...
9y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
The CRB is the F1 ‘court’ that could unlock Jorge...
No description available...
54m ago from Motorsport.com
Aprilia preparing test for Jorge Martin ahead return...
Aprilia is prepared to organise a special test for MotoGP World Champion...
1d ago from MotorsportWeek.c...
Why Assen Moto2 winner Diego Moreira is in pole...
No description available...
1d ago from Motorsport.com
Jorge Martin continues dispute with Aprilia over 2026...
Reigning MotoGP World Champion Jorge Martin has continued his 2026...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
RLL having to ‘unwind’ and ‘backtrack’...
Rahal Letterman Lanigan Racing is making a concerted effort to move...
1d ago from MotorsportWeek.c...
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
6d ago from MotorsportWeek.c...
Where does Santino Ferrucci see his first IndyCar win...
No description available...
5d ago from Motorsport.com
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Oliver Solberg to make WRC Rally1 outing with Toyota...
No description available...
4h ago from Motorsport.com
Sebastien Ogier to make WRC return at Rally Finland
No description available...
1d ago from Motorsport.com
New WRC 2027 regulations draw interest from tuners and...
No description available...
2d ago from Motorsport.com
Why Ott Tanak feared final stage drama could cost his...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
'Some big-name players are on their list': Insider...
Arsenal remain interested in signing the PSG attacker Bradley Barcola...
1h ago from CaughtOffside.com
Report: Target has handed Gunners a boost with his...
Arsenal continue to be linked with a move for the Valencia defender...
2h ago from CaughtOffside.com
Arsenal contact Premier League forward after facing...
Arsenal may be forced to pivot to a new striker target this summer, with...
3h ago from FreshArsenal.com
Barcelona refuse to rule out transfer after...
Barcelona have reportedly failed to rule out an exit for their young...
5h ago from SportsKeeda.com
Comments
Hottest News
F1 teams braced for FIA tyre change at British Grand Prix
All F1 teams on the 2025 grid are preparing for a... Read More »
1h ago from GPFans.com
Verstappen's father slams intensifying rumours
Jul.3 A highly respected Formula 1 broadcaster... Read More »
4h ago from OneStopStrategy.com
Hamilton and Ferrari doomed by ‘six months of darkness’
Lewis Hamilton's underwhelming start to life at... Read More »
2h ago from GPFans.com
