Australia May Lose Formula One

f1-fansite / No More Australian GP After 2010?

Ecclestone Unhappy With Profits

By Thami Masemola
February 3, 2008 8:17 PM
Filed Under: European, F1, Motorsport

Australians are in close danger of losing the right to host a Formula One Grand Prix after 2010. F1 supremo Bernie Ecclestone said to The Sunday Telegraph:

“Maybe we don’t want to be in Australia. Our costs are very high in Australia and we get a lot less money. It's bloody bad for us. We've got quite a few places on the list which would like to have Formula One and, as it seems your guy (Victorian Premier John Brumby) down there doesn't want Formula One, we can make him happy and make the other people happy.”

The Australian GP is said to have lost around €20.6 million during the last race there. Attendance numbers also drizzled to a low 301,000, reportedly the lowest since 1998. Ecclestone is also weary of Brumby who was not party to the agreement signed to extend Ausi’s participation in the F1 circus of motorsport to 2010. Most other countries are extended beyond this. Residents close to Albert Park where the track is assembled, have been known to voice disapproval of the races there. Australia’s loss would most certainly be the gain of someone else since a number of other countries are lining up to host Formula One.

Also preferred by Ecclestone is an Australian night race, similar to the one announced for Singapore. It would seem that far-from-GMT-countries will be paying the price for being naturally out of sync with European daytime zones. Will the US, Japanese, Indian and Canadian GPs also fall prey to the nighttime blues?

Source: f1.gpupdate

Comments

sebastianmejia17
February 4, 2008 3:32 AM
Bring it to Chicago, baby!!!!

kedoya
February 4, 2008 4:34 AM
what can you expect, its labour govt... maybe they should move the race to the city (melbourne) at night.. there you go a rectangle track. hehe.. then you can hav ppl buying the expensive hotel space, maybe watch them from Crown.... ;-)

samjr469
February 4, 2008 6:53 AM
Chicago will be a great place to host Formula One, from I94 to Navy Pier through downtown, I can hear the massive sound in my mind already!!!:D

ADJ-117
February 4, 2008 7:25 AM
I for one reckon it would be stupid for Australia to lose the F1's.

If Melbourne doesnt like it hen how about places like Eastern Creek?

TreyPound
February 4, 2008 11:01 AM
Move it to Sydney:):):)

iancheng456
February 4, 2008 2:55 PM
Credits to Bernie as a cunning businessman and the ultimate circus ringmaster. However, Formula One has lost its grip as the premier racing series because of the various technical regulations. Formula One is about working on the limit of the extreme, especially the engineering side of it. Nowadays its more like mobile advertising hoardings traveling around at 300+km/h.

ouzoholic
February 5, 2008 12:02 PM
stuff melbourne, they should bring it to Sydney and race around Olympic Park.

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