French Grand Prix Set to be Cancelled in 2004

Next year's French Grand Prix, due to take place at the Magny-Cours circuit in July, has been cancelled because of financial problems, according to a local government official.

French Grand Prix Set to be Cancelled in 2004

Next year's French Grand Prix, due to take place at the Magny-Cours circuit in July, has been cancelled because of financial problems, according to a local government official.

Marcel Charmant, president of the local council in the Nievre region, said the company running Magny-Cours could not give Formula One boss Bernie Ecclestone the guarantees he required ahead of the race.

In an interview with the local newspaper Journal du Centre appearing on Saturday, Charmant says the 2003 Grand Prix made a loss for the second year running.

According to the L'Equipe website, the department in central France which contains Magny-Cours will be asked next month to stump up 4.5 million euros ($5.34 million) to cover the 2003 deficit.

The cancellation of the July 11th event should be officially announced in the next few days by the sport's governing body, the FIA, according to the website. When FIA published their 2004 calendar in September, the Magny-Cours race was said to be "subject to contract".

At the same time, the British Grand Prix, set to take place on July 4th, will be moved to July 11th instead of the French Grand Prix. This would solve a problem for the British organisers as the earlier date clashed with several major sporting events in the UK, among them the Wimbledon men's final.

The FIA and Bernie Ecclestone have yet to confirm these changes.

shares
comments
Schumacher Eager to Return to Racing

Previous article

Schumacher Eager to Return to Racing

Next article

Minister fights for French GP

Minister fights for French GP
Load comments
The tough balancing act facing Schumacher’s Netflix film producers Plus

The tough balancing act facing Schumacher’s Netflix film producers

Michael Schumacher is the latest sporting superstar to get the ‘Netflix treatment’, with a special documentary film airing on the US streaming giant’s platform this month. DAMIEN SMITH has the inside track on how the filmmakers gained access to tell the human story behind one of Formula 1’s most publicity-shy champions - while the man himself, for obvious reasons, is in absentia… 

The times that suggest Verstappen should be confident of F1 Russian GP recovery Plus

The times that suggest Verstappen should be confident of F1 Russian GP recovery

For the second race in a row, Mercedes has ended the first day of track action on top. It’s in a commanding position at the Russian Grand Prix once again – this time largely thanks to Max Verstappen’s upcoming engine-change grid penalty. But there’s plenty to suggest all hope is not lost for the championship leader at Sochi

Formula 1
Sep 24, 2021
The ‘backwards step’ that is the right move for Formula 1 Plus

The ‘backwards step’ that is the right move for Formula 1

OPINION: With its days apparently numbered, the MGU-H looks set to be dropped from Formula 1’s future engine rules in order to entice new manufacturers in. While it may appear a change of direction, the benefits for teams and fans could make the decision a worthwhile call

Formula 1
Sep 23, 2021
The floundering fortunes of F1’s many Lotus reboots Plus

The floundering fortunes of F1’s many Lotus reboots

Team Lotus ceased to exist in 1994 - and yet various parties have been trying to resurrect the hallowed name, in increasingly unrecognisable forms, ever since. DAMIEN SMITH brings GP Racing’s history of the legendary team to an end with a look at those who sought to keep the flame alive in Formula 1

Formula 1
Sep 22, 2021
Why the 2021 title fight is far from F1's worst, despite its toxic background Plus

Why the 2021 title fight is far from F1's worst, despite its toxic background

OPINION: Formula 1 reconvenes for the Russian Grand Prix two weeks after the latest blow in ‘Max Verstappen vs Lewis Hamilton’. While the Silverstone and Monza incidents were controversial, they thankfully lacked one element that so far separates the 2021 title fight from the worst examples of ugly championship battles

Formula 1
Sep 22, 2021
How F1’s other champion to emerge from 1991 thrived at Lotus Plus

How F1’s other champion to emerge from 1991 thrived at Lotus

Mika Hakkinen became Michael Schumacher’s biggest rival in Formula 1 in the late-90s and early 2000s, having also made his F1 debut in 1991. But as MARK GALLAGHER recalls, while Schumacher wowed the world with a car that was eminently capable, Hakkinen was fighting to make his mark with a famous team in terminal decline

Formula 1
Sep 21, 2021
The forgotten F1 comeback that began Jordan’s odyssey  Plus

The forgotten F1 comeback that began Jordan’s odyssey 

Before Michael Schumacher – or anyone else – had driven the 191 (or 911 as it was initially called), Eddie Jordan turned to a fellow Irishman to test his new Formula 1 car. JOHN WATSON, a grand prix winner for Penske and McLaren, recalls his role in the birth of a legend…

Formula 1
Sep 20, 2021
The squandered potential of a 70s F1 underdog Plus

The squandered potential of a 70s F1 underdog

A podium finisher in its first outing but then never again, the BRM P201 was a classic case of an opportunity squandered by disorganisation and complacency, says STUART CODLING

Formula 1
Sep 18, 2021