The boss of Formula 1 owners Liberty Media says that the company isn't trying to apply pressure to the promoters of the Monaco Grand Prix by pursuing plans for a new French race in nearby Nice. The Monaco event holds a special place on the F1 calendar and is often referred to as being the sport's 'crown jewels'. As such it enjoys certain special privileges, such as paying the lowest hosting fee of any annual event, and controlling the live broadcast with its own local team rather than with F1's own touring directors and cameramen. Read also: Domenicali reveals 'amazing' French GP project in Nice But it's holding the rights to agree commercial rights to circuit signage that's caused more...
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