News Details

Melbourne set to extend Grand Prix contract

The Australian Grand Prix is poised to remain in Melbourne beyond 2015, when its current contract is due to expire.Negotiations for a new deal began last August when Victorian Tourism Minister Louise Asher gave Australian Grand Prix Corporation chairman Ron Walker the green light to commence discussions with Bernie Ecclestone.Speaking with the Herald Sun Ecclestone all but assured Melbourne of a race in future, claiming that a new contract 'will happen'.Key among the requirements during renegotiation was what Asher described as 'good value for money', or put more simply, a lower hosting fee. Though Australia is far from the top paying grand prix host by 2015 it is expected it will pay...
Full Story »
1y ago from Pitpass.com 0
Share

You May Also Be Interested In...

New F1 deal for Melbourne will happen insists...

New F1 deal for Melbourne will happen insists Ecclestone 3 March, 2014...
1y ago from GrandPrix247.com

Long Beach city council to consider F1 bid

The Long Beach city council are to meet during a closed session on Tuesday...
1y ago from TheF1Times.com

Abu Dhabi to remain only double points race of the...

Abu Dhabi to remain only double points race of the season 1 March, 2014...
1y ago from GrandPrix247.com

Hamilton: My team is stronger than ever and there's a...

Hamilton: My team is stronger than ever and there's a lot more to come 3...
1y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MotoGPToday.com

Gardner Q&A: "It’s great doing something that I...

CIP's Remy Gardner chats to motogp.com about his move up to the World...
5h ago from MotoGP.com

#RossiVsMarquez: Watch it from every angle

Go On Board with Marquez, Rossi & the circuit helicopter for the ultimate...
1d ago from MotoGP.com

Rossi denies that he cheated

Movistar Yamaha rider Valentino Rossi has insisted that he did not use...
2d ago from SuperSport.com

MotoGP Race Director talks Rossi, Marquez incident

MotoGP Race Director Mike Webb has explained exactly why the last corner...
6d ago from Crash.net

Popular On IndyCarToday.com

IndyCar Power fined $25k; Vautier $10K, Rahal $5k...

The Verizon IndyCar Series has informed its teams of the penalties...
2d ago from Racer.com

Power penalised for Fontana incident

– Will Power has been fined $25,000 and placed on probation for the...
2d ago from GPUpdate.net

IndyCar: 'Insane' race spurs critics, supporters

Several leading IndyCar drivers including Juan Pablo Montoya, Will Power...
5d ago from Racer.com

2016 IndyCar season to be longer, Road America may...

IndyCar is expecting a stronger schedule for next season, which will last...
2d ago from Motorsport.com

Popular On TotalWRC.com

Evans retires from Rally Poland

M-Sport's Elfyn Evans has retired from day two of Rally Poland due to a...
2h ago from Crash.net

SS11: Ogier holds off pursuers

Mikkelsen maintains pressure on Poland leader
2h ago from WRC.com

SS8: Latvala win secures third

Volkswagen trio holds podium places
19h ago from WRC.com

Lappi heads Skoda 1-2 in Poland WRC 2 clash

The Finn won five stages in his Fabia R5 to head Tidemand by 50.3sec,...
16h ago from WRC.com

Popular On GunnersToday.com

Arsenal Transfer News: Barcelona ace set for talks,...

Arsene Wenger is weighing up a move for Barcelona winger Pedro, according...
1h ago from Express.co.uk

Petr Cech can follow Pat Jennings and Jens Lehmann as...

Bob Wilson, a don of matters goalkeeping in the colours of Arsenal,...
1h ago from TheGuardian.com

Wow! Arsenal ‘begin discussions' to sign £110m...

Gunners linked with astonishing move. SEE ALSO: Falcao WAG gallery: Hot...
4h ago from CaughtOffside.com

Cech: I'm far from finished

Cech has said he still has the desire to play regular first-team football,...
2h ago from ESPNFC.co.uk

Comments

comments powered by Disqus

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.