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
Marc Marquez shrugs off controversy over pitlane entry...
No description available...
18h ago from Motorsport.com
Marc Marquez wins chaotic Jerez MotoGP Sprint despite...
Marc Marquez crashed but made the right strategy calls to prevail in the...
20h ago from MotorsportWeek.c...
Johann Zarco questions Marc Marquez over Jerez pitlane...
No description available...
19h ago from Motorsport.com
MotoGP Spanish GP: Marc Marquez wins chaotic sprint...
No description available...
20h ago from Motorsport.com
Popular On IndyCarToday.com
Tony Kanaan opens up on Lundgaard, Siegel contract...
No description available...
1d ago from Motorsport.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
4d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
4d ago from Motorsport.com
IndyCar Officiating confirms Scot Elkins as Managing...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
WRC Canary Islands: Ogier hails ‘intense’ Solberg...
No description available...
13h ago from Motorsport.com
Sebastien Ogier hangs on to Rally Islas Canarias lead...
Sebastien Ogier started Saturday with a relatively handy lead of 8.9...
16h ago from MotorsportWeek.c...
WRC Canary Islands: Ogier leads Solberg by 3.8s...
No description available...
14h ago from Motorsport.com
WRC Canary Islands: Oliver Solberg closes on Sebastien...
No description available...
21h ago from Motorsport.com
Popular On GunnersToday.com
Arteta issues Havertz injury update ahead of Premier...
Just as Arsenal fans thought their injury curses were finally lifting, the...
26m ago from CaughtOffside.com
Arsenal 1-0 Newcastle: Eze's goal wins it as we endure...
Match report – Player ratings – Arteta reaction – Video...
2h ago from Arseblog.com
'That's when you need him' - Paul Merson urges Mikel...
Pundit Paul Merson has urged Mikel Arteta to recall Viktor Gyokeres to the...
3h ago from SportsKeeda.com
Ian Wright snubs Viktor Gyokeres, names Arsenal star...
Arsenal great Ian Wright has snubbed Viktor Gyokeres in favor of Mikel...
4h ago from SportsKeeda.com
Comments
Hottest News
Fernando Alonso dismisses major Aston Martin Adrian Newey...
Fernando Alonso and Aston Martin have endured a... Read More »
56m ago from RacingNews365.com
How Hadjar engineered his leap to ‘weird’ Red Bull seat
During his 2025 rookie season in F1, Isack Hadjar... Read More »
1h ago from F1i.com
Horner in Jerez: Surprise MotoGP visit sparks ownership...
The asphalt at Jerez was already sizzling on... Read More »
2h ago from F1i.com
