News Details
Ecclestone backs Melbourne's secret F1 fee
F1 chief Bernie Ecclestone has joined the local state government in Australia in refusing to divulge the cost of the annual formula one race. The race fee paid by Melbourne organisers to the Ecclestone-led Formula One Management is picked up entirely by taxpayers, but Victorian sports minister John Eren argues the actual amount must remain secret. 'We're not in the business of giving rival cities around the world that want our flagship event a competitive advantage,' he told the local Herald Sun newspaper. The report speculates the fee could be as high as US $38 million, but Ecclestone backed the government in keeping it a secret. 'I don't think there is any need to (inform...
Full Story »
Full Story »
9y ago from GrandPrix247.com
0
You May Also Be Interested In...
Verstappen: Mmmm! That champagne tastes nice
Record-breaking teenager Max Verstappen handled his triumphant arrival as...
9y ago from GrandPrix247.com
Ecclestone: They're trying to do some plotting
Formula 1 supremo Bernie Ecclestone on Sunday confirmed reports some of...
9y ago from GrandPrix247.com
Wolff rules himself out of Ecclestone's job
Toto Wolff has now joined Niki Lauda in distancing himself from...
9y ago from GrandPrix247.com
Russia to have F1 team eventually believes Petrov
Ex-Formula 1 driver Vitaly Petrov believes plans for a Russian grand...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Pedro Acosta owns up to qualifying “mess”, admits...
No description available...
12h ago from Motorsport.com
“I’m back” – Jorge Martin on MotoGP Hungarian...
No description available...
13h ago from Motorsport.com
How Marc Marquez could seal the MotoGP world title at...
No description available...
14h ago from Motorsport.com
Marc Márquez seals seventh straight MotoGP...
t;li>Ducati rider extends world title lead to 175 pointsJorge Martín...
15h ago from TheGuardian.com
Popular On IndyCarToday.com
Alexander Rossi thrilled for ECR’s Milwaukee success...
No description available...
5h ago from Motorsport.com
IndyCar Milwaukee – Race Results
The NTT IndyCar Series tackled the historic Milwaukee Mile on Sunday,...
8h ago from MotorsportWeek.c...
Christian Rasmussen steals maiden IndyCar win after...
No description available...
7h ago from Motorsport.com
Christian Rasmussen storms to maiden IndyCar victory...
The penultimate round of the 2025 IndyCar season took place on Sunday,...
8h ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
3d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Real Madrid Transfer News Roundup: Los Blancos want...
Real Madrid secured a 3-0 win over Oviedo in LaLiga on Sunday, August 24,...
18m ago from SportsKeeda.com
Relief for Arsenal with Bukayo Saka’s injury not as...
t;li>Forward hobbled off after scoring against LeedsØdegaard also...
10h ago from TheGuardian.com
Arsenal receive crucial update about Martin Odegaard...
Arsenal cruised past Leeds United on Saturday beating the newly promoted...
11h ago from CaughtOffside.com
Documents signed: Fabrizio Romano explains whether...
All the documents have reportedly been signed for Eberechi Eze to complete...
2d ago from CaughtOffside.com
Comments
Hottest News
F1 News Today: Lewis Hamilton error emerges as FIA penalty...
A bizarre error has cropped up on Google... Read More »
37m ago from GPFans.com
2025 F1 Dutch Grand Prix – Schedule for Zandvoort
The first race after F1's summer break is here,... Read More »
1h ago from RacingNews365.com
Lewis Hamilton ‘named’ Lily Verstappen’s...
It's interesting, isn't it, living in a time when... Read More »
8h ago from GPFans.com
