News Details

Melbourne secures Australian Grand Prix until 2020

Melbourne has secured the Australian Formula One Grand Prix until 2020 after striking a new deal that will reduce the taxpayer subsidy of around $50 million a year, the head of the Victoria state government said on Sunday. The race, which has been run in the city's Albert Park since switching from Adelaide in 1996, became a local political issue because of the noise and the subsidy, which amounted to A$50.67 million ($47.17 million) in 2013. Race organiser Ron Walker had negotiated a new deal for when the current contract ran out after next year's race but there had been some question about whether it would be signed off by the current government of Victoria. State Premier Denis Napthine...
Full Story »
2y ago from F1Zone.net 0
Share

You May Also Be Interested In...

Melbourne secures Australian Grand Prix until 2020

xt">Start of the 2014 Australian Grand Prix Melbourne has secured...
2y ago from GrandPrix247.com

Melbourne secures Australian GP until 2020

Sutton Images Enlarge Melbourne will continue to host the Australian...
2y ago from espnF1.com

Melbourne to retain Australian GP until 2020

Melbourne will continue to host the Australian Grand Prix until 2020 after...
2y ago from Crash.net

Melbourne to retain Australian GP until 2020

The Australian Grand Prix will remain at Albert Park in Melbourne until...
2y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

Rossi admits Yamaha losing streak has him “worried”

Valentino Rossi admits that his Yamaha MotoGP squad’s current losing...
17h ago from Motorsport.com

MotoGP Aragon: ‘Jorge's wrong' - Crutchlow...

More handbags as Crutchlow wades into Rossi and Lorenzo drama
2d ago from BikeSportNews.com

Rossi regrets late-race “mistake” in Lorenzo duel

Valentino Rossi admits his late-race mistake while attacking Yamaha...
1d ago from Motorsport.com

Vinales: Aragon shows Suzuki needs to make “another...

Suzuki MotoGP rider Maverick Vinales says the result of Sunday’s Aragon...
19h ago from Motorsport.com

Popular On IndyCarToday.com

Honda: “IndyCar’s 2018 engine-led formula is...

Honda Performance Development’s president, Art St. Cyr says that...
7h ago from Motorsport.com

INDYCAR: Ganassi engineer tipped for Andretti

Andretti Autosport is expected to announce its acquisition of...
15h ago from Racer.com

MILLER: IndyCar's waiting room

While we wait to see where Tony Kanaan, Juan Montoya, Carlos Munoz and...
14h ago from Racer.com

“If Newgarden joins Penske and Ganassi switches to...

Since our August update regarding who goes where in 2017, some...
1d ago from Motorsport.com

Popular On TotalWRC.com

Brenig kickstarts 2016 Wales Rally GB countdown

The countdown to the 2016 Wales Rally GB, the penultimate round of the...
11h ago from TheCheckeredFlag...

2017 cars promise aggressive sound

Advertising The promise of more noise from 2017’s upgraded power plants...
16h ago from WRC.com

2015 Tour de Corse winner Julien Maurin targeting...

Julien Maurin heads in to the 2016 Tour de Corse – Rallye de France...
20h ago from TheCheckeredFlag...

Tänak looking forward to Tour de Corse with DMACK...

Ott Tänak is looking forward to the challenge of the 2016 Tour de Corse...
18h ago from TheCheckeredFlag...

Popular On GunnersToday.com

Eddie Howe: This is why Arsenal ace Jack Wilshere...

GETTY INTERNATIONAL CLASS: Jack Wilshere has won 34 England caps since...
1h ago from DailyStar.co.uk

‘Granit Xhaka needs to be patient at Arsenal’

Granit Xhaka needs to be patient at Arsenal if he is to become a success...
2h ago from AllArsenal.com

Arsenal expected XI: Who will take Coquelin's place in...

TARSPORT bring you Arsenal's expected line-up ahead of tomorrow's...
3h ago from DailyStar.co.uk

Pogba, Ozil, Son... Who makes our Premier League team...

TARSPORT bring you our team of the week following the sixth round of...
2h ago from DailyStar.co.uk

Comments

Hottest News

Apple linked to McLaren Formula 1 takeover

McLaren has denied reports linking the Formula 1... Read More »
6h ago from SpeedCafe.com

Malaysian Grand Prix: Pirelli preview Sepang

About the only thing in common that the Malaysian... Read More »
49m ago from GrandPrix247.com

Malaysian Grand Prix: McLaren previews Sepang

Sepang was the first F1 track to be designed by... Read More »
49m ago from GrandPrix247.com

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.