F1, Formula 1, NASCAR, IndyCar, MotoGP, ALMS, And More!
z


Jan 24, 2013 - 06:19 AM
Top News!
Rumors Edition!
Upcoming Racing! (Updated)

Top Stories
· 2013 Formula One (F1) Official Launch Schedule - Update 5 (Jan 23, 2013)
· IndyCar Releases 2013 Izod IndyCar Series Rulebook (Jan 23, 2013)
· 2013 Formula One F1 Driver Line-up & 2014 Silly Season Rumors - January 22nd (Jan 22, 2013)
· Izod IndyCar Series Announces Procedures For Doubleheader Race Weekends (Jan 22, 2013)
· Television Schedule, Race-Distance Changes To Increase Excitement For IndyCar Fans In 2013 Season (Jan 21, 2013)

Previous Top Stories!


Hot Rumors!
· F1: More Formula One Teams In Financial Trouble ? (Jan 23, 2013)
· F1: Kamui Kobayashi To Be Official Pirelli Tester ? (Jan 23, 2013)
· F1: Lowe to follow Hamilton to Mercedes ? (Jan 22, 2013)
· F1: Mexico has 'plans ready' for 2014 F1 return (Jan 22, 2013)
· F1: Red Bull Rejected By Alonso ? (Jan 21, 2013)
More Rumors!


Melb gov't 'shouldn't complain' about F1 deal - Ecclestone
Posted by: Admin on Jan 24, 2013 - 06:18 AM
Formula 1 News
Melb gov't 'shouldn't complain' about F1 deal - Ecclestone



GEPA-27031199009 - FORMULA 1 - Grand Prix of Australia. Image shows Sebastian Vettel (GER/ Red Bull Racing). Photo: Getty Images/ Mark Thompson - For editorial use only. Image is free of charge




Bernie Ecclestone has hit back at the latest controversy surrounding the cost of Melbourne's annual grand prix.

After reportedly seeing secret documents, local media this week revealed for the first time that the government pays a more than $30 million race fee to the sport, which increases by 5 per cent every year until the end of the contract in 2015.


 

Bookmark and Share

Tourism minister Louise Asher said those figures are "too high".

F1 chief executive Ecclestone hit back on local 3AW radio: "Maybe it's not a true figure.

"It (paying) is up to them, isn't it? I can't make them sign a contract, they do it of their own free will. (But) they shouldn't complain after they sign."

Australian Grand Prix Corporation chief executive Andrew Westacott commented: "Melburnians have got to realise major events don't grow on trees.

"They cost a lot of money to stage," he told the Herald Sun.



PaddockTalk Perspective



Also in Formula 1 News:



 
Related links
· F1 Edition
· PaddockTalk Top News
· F1 Rumors
· More about Formula 1 News







Home :: _ 


All logos and trademarks in this site are property of their respective owner.
The comments are property of their posters, all the rest (c) 2003-2014 by PaddockTalk.com.
Contact E-mail: admin@paddocktalk.com
Privacy