Montreal is geared up for a new 10-year formula one deal for the Canadian Grand Prix. F1 boss Bernie Ecclestone has been in talks with race organisers about extending the contract that is going to end next year.
Montreal promoter Francois Dumontier said, "Ten years allows us to think long term, to think about improvements to the circuit."
"We are presently discussing an extension from 2015 to 2024, so ten years," Dumontier said. That is the longest agreement that has ever been proposed to us. We had five years with options before," Dumontier said.
"All new agreements now being signed are for ten years. Ten years allows us to think long term, to think about improvements that can be brought to the circuit, about investments, etc. We are happy to work in this regard," he said....
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09:16 AM, Jun 17, 2013
Pirelli have received a vote of confidence from Formula One boss Bernie Ecclestone in the testing saga, affirming that he did not think the team had done anything wrong and that Mercedes should have said no to the controversial tyre test. The FIA's International Tribunal (IT) is to meet in Paris on June 20 to hear the case against Mercedes and Pirelli concerning their recent tyre test, which follows the...
03:08 PM, Jun 14, 2013
The future of the US Grand Prix has been secured with a 15-year contract agreed upon after Ernie Ecclestone stepped in to help play off the debts racked up by the tournament organisers. The race, originally scheduled for June 2013, has run into financial difficulties and the initial deal had been previously discarded by Ecclestone, but the Formula One boss has now come to the aid of the organisers. A...
12:29 PM, Jun 13, 2013
London: Development driver Susie Wolff is pushing Williams to give her a proper test in July and keep alive her distant dream of one day racing alongside the men in Formula One. "For me the next logical step is to do the young drivers test, and do it well, and then see what the next step is after that," the 30-year-old Scot told Reuters at a sponsor event on Thursday....
10:41 PM, May 02, 2013
London: Bernie Ecclestone has made clear that Formula One will pay prize money to only the top 10 teams from the end of this season. Since 2010, payments have been made to the 11th and 12th-placed teams to help three newcomers on reduced budgets who came in after the abrupt departure of major manufacturers Honda, Toyota and BMW. There are now 11 teams remaining after the demise last year of...
08:45 PM, Apr 29, 2013
Sakhir: Formula One boss Bernie Ecclestone believes that the Bahrain government were "stupid" to host this weekend's Grand Prix. Sunday's race at the Sakhir International Circuit is taking place amid a week of protests organised by opponents of the ruling royal family. "The government here are, in a lot of ways, stupid to put this race on because it is a platform for people to use for protesting, Ecclestone, 82,...
02:02 PM, Apr 21, 2013
Sakhir, Bahrain Formula One boss Bernie Ecclestone insists the Brazilian Grand Prix will remain at Interlagos, saying he has received assurances from the mayor of Sao Paulo that long-demanded upgrades to the circuit will take place. Ecclestone, in Sakhir for the Bahrain GP, also says F1 is "talking to quite a few countries" about being added to the calendar. Among them are Thailand, Mexico and Turkey. Ecclestone says it is...
05:01 PM, Apr 19, 2013
Sakhir, Bahrain: Formula One returns this week to Bahrain, casting the spotlight on a series that has defied criticism to race on while a bloody, political crisis has engulfed one of the West's most important allies in the region. The Bahrain Grand Prix has drawn less attention than a year ago when F1 boss Bernie Ecclestone at the last minute decided to go ahead with the race despite calls by...
08:58 AM, Apr 17, 2013
Manama: Bernie Ecclestone has assured protesters in Bahrain that he understands their grievances and is willing to meet opposition figures ahead of the most controversial Formula One race of the year this weekend. However, in comments that could antagonise rights campaigners and pro-democracy activists, the F1 commercial supremo also compared civil unrest in the Gulf island kingdom to threatened protests against Wednesday's funeral of former Prime Minister Margaret Thatcher in...
02:57 PM, Apr 16, 2013
Sao Paulo: Formula One chief Bernie Ecclestone says Sao Paulo could be taken off the calendar if the city fails to improve facilities at its Interlagos Grand Prix circuit. The F1 chief has given local officials an ultimatum to upgrade commercial boxes, event rooms and sanitary areas in addition to the paddock and pit-lane areas, reports Xinhua. "The design of the circuit is among the best in the world, but...
11:12 AM, Apr 16, 2013
Women may have the strength and stamina but they do not have the 'mental aptitude' to compete in Formula One, according to retired British grand prix great Stirling Moss. The 83-year-old, widely acclaimed as the greatest driver never to win the Formula One championship, made the controversial comments in an interview with BBC radio for a programme on women racers to be broadcast on Monday. "I think they have the...
10:47 PM, Apr 15, 2013
London: Formula One has no concerns about this month's Bahrain Grand Prix becoming a target for anti-government protesters, commercial supremo Bernie Ecclestone said on Friday. The race at the Sakhir desert circuit was cancelled in 2011 when a Shi'ite-led pro-democracy uprising was crushed and at least 35 people - activists put the tally far higher - were killed. Last year's grand prix, the biggest sporting event in the U.S.-allied Gulf...
10:46 PM, Apr 05, 2013
Bernie Ecclestone has neither admitted nor denied that Sainsbury's chief executive Justin King is in the running to succeed him as the Formula One boss, 'The Guardian' reported on Sunday. ...
11:57 AM, Apr 01, 2013
Formula One's postponed flotation could be re-launched later this year, the sport's commercial supremo Bernie Ecclestone said on Wednesday. ...
03:11 PM, Mar 13, 2013
Formula One has officially settled on a 19-race schedule for the 2013 season. ...
08:06 PM, Mar 09, 2013
What one hears is that a lot of teams are facing a challenging financial situation, some more and some less, says Sauber team principal. ...
10:04 PM, Feb 08, 2013
Formula One boss Bernie Ecclestone on Tuesday ruled out a 20th race on the 2013 calendar, putting an end to speculation that Turkey or another European country is in line to host a Grand Prix this year. ...
07:31 PM, Feb 05, 2013
Formula One's first Russian Grand Prix will take place in October 2014, President Vladimir Putin has said. ...
03:33 PM, Feb 05, 2013
The financially troubled Nuerburgring circuit will host a grand prix as planned this year after striking a deal with Formula One boss Bernie Ecclestone. ...
09:56 AM, Feb 01, 2013
German media reports say F1 boss has struck a deal for a grand prix as planned at the financially troubled Nuerburgring this summer. ...
10:35 AM, Jan 31, 2013
