Quote
The French Grand Prix has been cancelled due to financial problems, according to a report.
The Formula One race had been due to take place at Magny-Cours on 11 July, 2004.
Marcel Charmant, the president of the Nievre regional authority, told the Journal du Centre newspaper that the schedule would have to change.
"It is not possible to give Formula One chief Bernie Ecclestone the guarantees he requires for the finance of the race in 2004," said Charmant.
The regional authority of Nievre is the majority shareholder in the company which owns the Magny-Cours circuit.
Ralf Schumacher won this year's race at the track in central France.
Elsewhere, a report in a British motorsport magazine has suggested that circuit authorities still owed $10m ($6m) in unpaid fees owed to the companies of Ecclestone.
F1 Racing reported that if the money was not paid before the World Motorsports Council meeting on 12 December the race could be cancelled.
The race was included on the 2004 calendar when the World Council last met in October, but was only listed as provisional.
Magny-Cours has hosted the French Grand Prix since 1991.
But if it loses its 2004 date, organisers of the British GP could push for their race to be moved back to 11 July.
The Silverstone event is scheduled for 4 July, but officials are keen to avoid a clash with the Wimbledon men's singles final and the Euro 2004 final if at all possible.
http://www.bbc.co.uk
This is just getting ridiculous....
Canada, Brazil, Austria, Belguim, now France....
Sign In
Register
Help


MultiQuote



