A dispute that threatened to derail the future of the Australian grand prix has been resolved. The organiser of the Melbourne event, Australian Grand Prix Corporation (AGPC) chairman Ron Walker, ...
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Melbourne may drop F1 race after 2014 – premier
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 have grown to almost $50 million, ...
Read More »CAMS insists Aus GP dispute about ‘safety’ not fees
A dispute that threatens the 2011 running of the Australian grand prix appeared to escalate on Friday. 24 hours ago, event promoter Ron Walker said he had travelled to Abu ...
Read More »Officials deny Melbourne to move grand prix
Officials have denied reports there are serious moves afoot to relocate Melbourne’s Australian grand prix. With the current contract for Albert Park running until 2015, and in light of mounting ...
Read More »Moves afoot to move Melbourne GP beyond 2015 contract
A new venue for the Australian grand prix beyond 2015 could be shaping up near Melbourne. Earlier this month, Calder Park owner Bob Jane denied a major redevelopment of his ...
Read More »Australian government defends huge F1 race loss
The state Victorian government has defended its record spending on the Australian grand prix. It emerged on Thursday that now with an almost $50 million loss annually, the Melbourne race ...
Read More »Australian GP costs taxpayers $50m – report
This year’s Australian grand prix cost taxpayers almost $10 million more than the previous Melbourne race. The 2010 loss tips the scales at $49.2 million, more than double the loss ...
Read More »Ferrari should have used team orders in Australia – Brundle
Martin Brundle thinks Ferrari should have ordered Felipe Massa to pull aside for his Ferrari teammate Fernando Alonso during Sunday’s Australian GP.
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