Barcelona future dependant on finances

The future of the Spanish Grand Prix at Barcelona beyond the 2012 season will depend on economic factors, according to Catalunya's president Artur Mas

Barcelona future dependant on finances

"The continuity of the F1 race at this circuit is guaranteed this year and, probably, next year too," Mas was quoted as saying by El Pais newspaper.

"And I trust it can have continuity also in the future. But that will depend on how the economic situation develops and on the results we have over these two years.

"Everybody knows that we have restrictions on the budgets and that F1 is loss-making. But we also have to consider the economic impact that it has and how it promotes the country. It places Catalunya in the world," he added.

Back in 2007, F1 supremo Bernie Ecclestone announced a new deal with Barcelona to host the race until 2016.

Mas said he will do everything possible to keep the event, but admitted that there were no guarantees.

"The situation is what it is and I'm not trying to fool anyone," he said. "I said from day one that I would speak the truth and that I would speak clearly. I know the value of hosting an F1 race and I'm here to give all my support to the people at the circuit.

"I will do all I can to keep that F1 race, but we can't hide the truth. We have to reduce the budgets. The Generalitat (Catalunyas's government) must tighten its belt and that will affect all fields. We will see what happens this year and in 2012."

Barcelona has hosted the Spanish Grand Prix since the 1991 season.

shares
comments
Local MP says Melbourne should drop GP

Previous article

Local MP says Melbourne should drop GP

Next article

Trulli's crash ends Lotus test early

Trulli's crash ends Lotus test early
Load comments
Why McLaren's expanding agenda will benefit its F1 resurgence Plus

Why McLaren's expanding agenda will benefit its F1 resurgence

In the 1960s and 1970s, McLaren juggled works entries in F1, sportscars and the Indy 500 while building cars for F3 and F2. Now it’s returning to its roots, expanding 
into IndyCars and Extreme E while continuing its F1 renaissance. There’s talk of Formula E and WEC entries too. But is this all too much, too soon? STUART CODLING talks to the man in charge

How Tsunoda plans to achieve his F1 potential Plus

How Tsunoda plans to achieve his F1 potential

Yuki Tsunoda arrived in grand prix racing amid a whirlwind of hype, which only increased after his first race impressed the biggest wigs in Formula 1. His road since has been rocky and crash-filled, and OLEG KARPOV asks why Red Bull maintains faith in a driver who admits he isn’t really that big a fan of F1?

Formula 1
Oct 15, 2021
The danger of reading too much into F1's clickbait radio messages Plus

The danger of reading too much into F1's clickbait radio messages

OPINION: After Lewis Hamilton responded to reports labelling him 'furious' with Mercedes following his heated exchanges over team radio during the Russian Grand Prix, it provided a snapshot on how Formula 1 broadcasting radio snippets can both illuminate and misrepresent the true situation

Formula 1
Oct 14, 2021
Why F1’s approach to pole winners with grid penalties undermines drivers Plus

Why F1’s approach to pole winners with grid penalties undermines drivers

OPINION: Valtteri Bottas is credited with pole position for the 2021 Turkish Grand Prix, despite being beaten in qualifying. This is another example of Formula 1 and the FIA scoring an own goal by forgetting what makes motorsport magic, with the Istanbul race winner also a victim of this in the championship’s recent history

Formula 1
Oct 13, 2021
Turkish Grand Prix Driver Ratings Plus

Turkish Grand Prix Driver Ratings

On a day that the number two Mercedes enjoyed a rare day in the sun, the Turkish Grand Prix produced several standout drives - not least from a driver who has hit a purple patch of late

Formula 1
Oct 11, 2021
The hidden factors that thwarted Hamilton's bid for shock Turkish GP glory Plus

The hidden factors that thwarted Hamilton's bid for shock Turkish GP glory

Starting 11th after his engine change grid penalty, Lewis Hamilton faced a tough task to repeat his Turkish Grand Prix heroics of 2020 - despite making strong early progress in the wet. Instead, his Mercedes team-mate Valtteri Bottas broke through for a first win of the year to mitigate Max Verstappen re-taking the points lead

Formula 1
Oct 11, 2021
How pitstops evolved into an F1 art form Plus

How pitstops evolved into an F1 art form

A Formula 1 pitstop is a rapid-fire blend of high technology and human performance. PAT SYMONDS describes how the science of margin gains makes stops so quick

Formula 1
Oct 10, 2021
Why Mercedes' Istanbul edge is both stronger and weaker than it seems Plus

Why Mercedes' Istanbul edge is both stronger and weaker than it seems

Mercedes and Lewis Hamilton dominated the opening day of action for the 2021 Turkish Grand Prix, on the Istanbul circuit’s much improved track surface. But the Black Arrows squad’s position isn’t quite what it seems. Here’s why

Formula 1
Oct 8, 2021