News Details
Shareholders paid EUR 20m as Dutch GP walks away
Feb.2 The decision to end the Dutch Grand Prix after 2026 is facing renewed scrutiny after it emerged that shareholders behind the Zandvoort project paid themselves a EUR 20 million dividend – despite citing financial uncertainty as a key reason for not renewing their Formula 1 contract. Formula 1 will visit Zandvoort for the final time, for now, this year, bringing an end to a highly popular six-race run since the event's return in 2021. Organisers have repeatedly pointed to rising costs, declining attendance risk and the lack of government subsidies as reasons why continuing beyond that point was no longer viable. However, Dutch outlet RTL Z reports that the event's shareholders...
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