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COVID-19: Formula 1 open to renegotiating hosting fees
Formula 1 organizers are open to renegotiating hosting fees for races that may take place without fans this season because of the coronavirus pandemic, the general manager of the Circuit de Barcelona-Catalunya said. Joan Fontseré told The Associated Press that Liberty Media is “conscious” that if races need to go on without fans the contracts with event promoters will have to be somehow renegotiated. “They are conscious that this is an exceptional situation,” Fontseré said Tuesday. “We are obviously on the same page. If they want to keep some races on because of the TV rights, because of the teams … they know that our income (will be reduced), they realize that this year...
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5y ago from GrandPrix247.com
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