AUSSIE GP FACES AXE

[4me2]

AUSSIE GP FACES AXE




Next week’s season-opening Australian Formula One Grand Prix could be the last


Sunday March 20,2011

By Christian Sylt and Caroline Reid


Next week’s season-opening Australian Formula One Grand Prix could be the last, according to the sport’s billionaire boss Bernie Ecclestone.


Next year a new Grand Prix in Austin, Texas, will be added, followed by Sochi, Russia, in 2014. However, Ecclestone says the F1 calendar cannot increase beyond 20 races and it has already reached this limit.
“We are probably going to have to drop two races to fit in Austin and Russia,” Ecclestone said, adding: “Australia are saying they don’t want a race.”
The Melbourne race lost $49.2 million (£26.1 million) last year, prompting its mayor to question the value for money. The estimated $36 million Ecclestone charges for the event is believed to be the primary cause of the loss.
“If Australia want to go, they can go and the next one is maybe one of the races in Spain,” said Ecclestone. Since 2008, there have been F1 races in Barcelona and Valencia but Ecclestone said: “We will have to have only one race per country in future.



Next week’s season-opening Australian Formula One Grand Prix could be the last





“We are alternating in Germany so maybe that’s what we will do in Spain.”
Bahrain’s Grand Prix was cancelled due to civil unrest this year and October’s Japanese event could be under threat because of its earthquake.

Read more: http://www.express.co.uk/posts/view/...#ixzz1H8JcaBG0

[4me2]

Isn't it about time this greedy corrupt cunt snuffed it ?

[blaggard]

Oh yes, pleeeeease!

Australia don't want it on YOUR terms you poison little shit, help THEM to make money and guess what?

[pratman]

Oh i hope there is a GP in austin texas..........i have family there so i will deffo make a trip out there to visit for sure :-)

[lithho]

if all the teams just walked away he would be left with just the f1 one name, fuck him, start a new series. he is a greedy cunt and helps no one.