国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Auto Global

Future of F1 Korean GP under serious scrutiny

By Reuters in Yeongam, South Korea (China Daily) Updated: 2013-10-09 07:46

South Korea's money-losing and poorly attended Formula One Grand Prix could be axed in the wake of last Sunday's race, but local organizers are still hopeful of renegotiating their contract and keeping it on the calendar.

Promoter Park Won-hwa said on Saturday he was optimistic despite recognizing the future of the event at the Yeongam circuit hung in the balance with just a 50/50 chance of survival.

Future of F1 Korean GP under serious scrutiny

Red Bull Formula One driver Sebastian Vettel of Germany celebrates winning the Korean F1 Grand Prix at the Korea International Circuit on Sunday. Kim Hong-ji / Reuters

"I do not think it's going to be the last one. We are eager to continue this event because we invested a lot of money to build this circuit," said Park.

"Public opinion in Korea was very much against continuously holding this event because of a huge deficit. But now we are more or less stabilized financially and we would like to continue," said Park, who is a professor of air and space law.

Held near the shipyards of Mokpo about 400km south of Seoul and now in its fourth edition, the race is listed only provisionally on the 2014 schedule along with Mexico and a new race in New Jersey.

If all are confirmed, Formula One would have a record 22 races next year but few in the traveling circus believe that will be the case. Most teams are reluctant to go beyond 20 rounds.

Korea and New Jersey, whose debut was already postponed last year for financial reasons, are seen as the most likely to be dropped.

"We don't know yet whether we can continue or not because we have to deal with Formula One management. I do not know how it will end up," said Park.

"We want to renegotiate. Mr Ecclestone has his position, we have our position. Obviously the core issue is the money problem and we don't know if we can find a satisfactory solution or not.

"But I am very much hopeful because Mr Ecclestone is such a nice person and he knows our situation."

Formula One supremo Ecclestone, who turns 83 this month, is renowned for driving a hard bargain and securing eye-watering deals that have poured billions into the coffers of the commercial rights holder.

The Briton, who has taken the sport to exotic destinations where state subsidies are readily available, is not famed for making generous concessions to those unable to meet his terms.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
平阴县| 若尔盖县| 清苑县| 松阳县| 北安市| 灵丘县| 玛纳斯县| 和顺县| 阿勒泰市| 昭觉县| 钦州市| 五指山市| 四会市| 许昌市| 穆棱市| 甘孜| 大关县| 郯城县| 明星| 万源市| 沭阳县| 当雄县| 弋阳县| 湟源县| 东阳市| 宜州市| 莆田市| 名山县| 柳河县| 垫江县| 顺义区| 淄博市| 景泰县| 明光市| 中西区| 枞阳县| 会理县| 拜城县| 苏尼特左旗| 分宜县| 自治县|