News Details
Baku denies F1 race threatened by oil woes
Race organisers have reassured Formula One fans that Azerbaijan's inaugural Grand Prix in June will go ahead as planned despite a slump in global oil prices and the weakness of the local currency. "The devaluation of the manat will have no impact with regards to the staging of the first ever Formula One race in Azerbaijan," Baku City Circuit (BCC) said in a statement in response to media speculation. "When the budget for the Grand Prix of Europe was approved, it was initially calculated in US dollars. As a result, we are not expecting any changes to the current event budget." Hosting fees paid to Formula One's commercial rights holder vary, with traditional European...
Full Story »
Full Story »
9y ago from SuperSport.com
0
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 to be twilight race
The inaugural European GP in Azerbaijan will be a twilight race after a...
9y ago from SkySports.com
Azerbaijan to be twilight race to avoid Le Mans clash
The new European Grand Prix, which will be held on the streets of...
9y ago from GrandPrixTimes.com
Bahrain offers big early-booking discounts on 2016...
Bahrain International Circuit is offering up to 20 per cent discounts on...
9y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia preparing test for Jorge Martin ahead return...
Aprilia is prepared to organise a special test for MotoGP World Champion...
23h 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...
1d ago from MotorsportWeek.c...
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
3d 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...
2h 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
Arsenal contact Premier League forward after facing...
Arsenal may be forced to pivot to a new striker target this summer, with...
1h ago from FreshArsenal.com
Report: Target has handed Gunners a boost with his...
Arsenal continue to be linked with a move for the Valencia defender...
1h ago from CaughtOffside.com
Barcelona refuse to rule out transfer after...
Barcelona have reportedly failed to rule out an exit for their young...
3h ago from SportsKeeda.com
'Some big-name players are on their list': Insider...
Arsenal remain interested in signing the PSG attacker Bradley Barcola...
15m ago from CaughtOffside.com
Comments
Hottest News
Verstappen's father slams intensifying rumours
Jul.3 A highly respected Formula 1 broadcaster... Read More »
3h ago from OneStopStrategy.com
Hamilton and Ferrari doomed by ‘six months of darkness’
Lewis Hamilton's underwhelming start to life at... Read More »
1h ago from GPFans.com
TECH REVIEW: Ferrari's upgrades 'are are definitely a step...
Following an impressive performance from Ferrari... Read More »
1h ago from F1Technical.net
