Valencia president Alberto Fabra his hit out at his Catalunya counterpart for reneging on plans to alternate Spain's two grands prix.
Fabra, president of the Generalitat Valenciana, this week confirmed reports the Spanish port city will no longer host a formula one street race.
He said the Valencian government has higher priorities than F1.
"I cannot say to an essential supplier 'I cannot pay you because we have formula one'," Fabra told Valencian regional television.
He confirmed that he had successfully negotiated with Bernie Ecclestone so that Valencia is not liable for up to EUR 54 million in breach of contract penalties.
"The document is being finalised," said...
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