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Rahimov: Current Azerbaijan Grand Prix contract unacceptable

Former Formula 1 supremo Bernie Ecclestone made no secret of the fact that during his years at the helm of the sport he drove a hard bargain in charging exorbitant hosting fees for country's wishing to host grand prix races. The Azerbaijan Grand Prix organisers, largely funded by the government, reportedly pay $40-million per year for the privilege of hosting the race but are now questioning the value of their investment and are seeking a revised deal before committing to remaining on the calendar until 2025. Azerbaijan's Minister of Youth and Sports Azad Rahimov told Tass News Agency, 'Within three months of the Azerbaijan Grand Prix, we must give an answer to the Formula 1 management...
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8mo ago from GrandPrix247.com 0
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