News Details

Mateschitz will pay £16m Austrian race fee

Red Bull's Dietrich Mateschitz has denied that he has received any special discount from Bernie Ecclestone after it was announced that Formula 1 would return to Austria next year. The billionaire businessman bought the A1-Ring in 2007 and redeveloped it and renamed it the Red Bull Ring. The circuit, located near the Austrian city of Graz, will play host to F1 for the first time in ten years a year from now. Mateschitz insists he hasn't received any special discount from Ecclestone, staunchly replying "no" when asked by SpeedWeek. But whilst all but one of the current 19-races receives state funding, the Austrian Grand Prix, like the British event, won't. Instead, he himself...
Full Story »
10y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

Austria to return to F1 calendar in '14

The Austrian Grand Prix will be revived for the 2014 season it has been...
10y ago from TheF1Times.com

Ecclestone and Red Bull agree deal for 2014 Austria GP

Formula 1 boss Bernie Ecclestone has agreed to a deal with energy drinks...
10y ago from GrandPrix247.com

F1 2013 – Austrian Grand Prix to return in 2014

The Austrian grand prix, which has been off the Formula 1 calendar since...
10y ago from F1.co.uk

Austrian Grand Prix returns

As if the Formula One calendar for 2014 wasn't getting crowded enough,...
10y ago from Formula1Blog.com

Elsewhere On The Network

Popular On MGPToday.com

Vinales: Aprilia COTA MotoGP win has ‘different...

Maverick Vinales believes that his maiden win with Aprilia in MotoGP at...

Ducati: Bastianini's COTA MotoGP podium an...

Ducati General Manager Gigi Dall’Igna labelled Enea Bastianini's podium...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Neuville and Evans tied to a tenth!

Thierry Neuville and Elfyn Evans fought a mighty duel across eight stages...

Popular On GunnersToday.com

Mikel Arteta says it is 'too soon' for £38m defender...

Arsenal manager Mikel Arteta has provided an injury update on summer...
4h ago from CaughtOffside.com

Aston Villa line up summer move for £60m Chelsea flop

Aston Villa are targeting a new left-back this summer and Chelsea's Marc...
4h ago from CaughtOffside.com

Christian Falk's Fact Files – Bayern's fire sale...

This article was originally published on Fabrizio Romano’s Daily...
6h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.