Melbourne may drop F1 race after 2014 – premier
Losses have grown to almost $50 million 2014 could be the last time Melbourne hosts the Australian grand prix, state Victorian premier John Brumby has admitted. The race’s annual taxpayer-funded losses...
View ArticleMelbourne officials flag F1 exit after 2015
Two influential officials have cast doubt on the future of Melbourne’s Australian grand prix First, the city’s Lord Mayor Robert Doyle said the annual event at Albert Park, contracted to host the race...
View ArticleRace boss Walker scolds mayor for Aus GP criticism
“It’s a huge profit for Melbourne” Australian grand prix boss Ron Walker has scolded Melbourne’s Lord Mayor for questioning the future of the city’s annual event. Lord Mayor Robert Doyle wrote in the...
View ArticleGovernment ‘committed’ to F1 in Melbourne
The state government on Wednesday said it continues to support the Australian grand prix. The Melbourne race beyond its 2014 contract has recently been the subject of speculation, with the city’s Lord...
View ArticleAustralia ‘as important as Monaco’– Ecclestone
Bernie Ecclestone insists he still values the Australian grand prix. The F1 chief executive’s comments follow hot on the heels of those of FIA president Jean Todt, who said in Melbourne this week that...
View ArticleEcclestone offers to end Melbourne contract
Bernie Ecclestone has expressed frustration with the attitude of Australia’s formula one race organisers. The F1 chief executive is pushing for the Melbourne race, with a contract through 2015, to be...
View ArticleTwo cities could alternate Aus GP – report
Australian Grand Prix Corporation chairman Ron Walker, however, described the idea as “a formula for disaster”. Organisers of the grand prix in Melbourne are reportedly considering sharing the city’s...
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