News Details
Baku ask Liberty for better deal from 2021
The Azerbaijan GP organisers have asked Formula 1 chiefs for a reduction in the race sanction fee it pays from 2021 onwards. The event currently pays one of the biggest fees of any race on the calendar, a move that was necessary to convince Bernie Ecclestone to give it his blessing and convince the F1 teams that Baku would be financially worthwhile. Ecclestone agreed a 10-year deal, with a break clause after five years. Having run three races thus far, Azerbaijan is committed to the current arrangements for the next two years, which will see out the first half of the original contract. "We have a contract which is a binding contract for five years, for five races, starting in...
Full Story »
Full Story »
7y ago from GPBlog.com
0
You May Also Be Interested In...
F1 teams to get big 2021 update on Friday!
Liberty Media will be presenting a lot more details on their plans on the...
7y ago from GPBlog.com
Baku wants to renegotiate F1 contract
May 21 Baku promoter Arif Rahimov has admitted the race wants to...
7y ago from OneStopStrategy.com
Liberty Media eyes F1 track resurfacing idea
Liberty Media might consider pushing race promoters to resurface their...
7y ago from ThisIsF1.com
Miami won’t replace Baku on F1 calendar in 2019
Baku will continue to play host to Formula 1 for at least two more years...
7y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Why MotoGP hails 2025 season as a...
MotoGP promoter Dorna Sports has described the conclusion of the 2025...
16h ago from MotorsportWeek.c...
Honda wouldn’t even be in top 10 without mid-year...
No description available...
17h ago from Motorsport.com
Marc Marquez propels MotoGP to record figures in 2025
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
12h ago from Motorsport.com
FOX Sports, IndyCar reveal broadcast schedule for 2026...
No description available...
1d ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
2d ago from Motorsport.com
IndyCar boss Doug Boles explains new officiating system
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Gregoire Munster to contest Dakar Rally and WRC Monte...
No description available...
16h ago from Motorsport.com
Toyota brings Corolla back to rallying with all-new...
No description available...
20h ago from Motorsport.com
Hyundai to run a WRC2 spec machine in 2027?
Hyundai has said it is considering a brand new WRC2 car for the 2027...
1d ago from MotorsportWeek.c...
Popular On GunnersToday.com
“I shouldn’t be saying this” - Bukayo Saka...
Arsenal superstar Bukayo Saka has revealed that he was a huge fan on...
1h ago from SportsKeeda.com
Mikel Arteta admits long-term future at Arsenal...
t;li>Spaniard approaches sixth anniversary in chargeArteta ‘has to...
8h ago from TheGuardian.com
Premier League news: Guardiola dismisses exit talk and...
No description available...
12h ago from TheGuardian.com
'It has to be this year' - Thierry Henry sends PL...
Arsenal legend Thierry Henry has told club manager Mikel Arteta to avoid...
14h ago from SportsKeeda.com
Comments
Hottest News
Oscar Piastri 'talking to another F1 team' as major McLaren...
Oscar Piastri is 'already' in discussions with... Read More »
1h ago from RacingNews365.com
Formula 1 2025 season end-of-year review
The 2025 F1 season is over. Formula One... Read More »
15m ago from GrandPrix247.com
Max Verstappen highlights key Yuki Tsunoda difference...
Yuki Tsunoda lost his Red Bull seat after 22... Read More »
25m ago from RacingNews365.com
