News Details

Local government slashes Spanish GP funding

The Spanish Grand Prix, held at the Circuit de Barcelona-Catalunya, will have its local funding cut by half in 2016, Spanish media reports. Barcelona's city council currently contributes €4 million toward the event, but will cut that to just €2m in 2016 as the race is "not a priority" according to deputy mayor, Gerardo Pisarello. Further cuts will take place next year to phase out payments, with Pisarello saying it would be wrong to abruptly cut funding as it could have "serious consequences" for the race. Instead the local council has agreed a "viability plan" with the organisers to ensure it is "self sufficient, little by little" in...
Full Story »
Share

You May Also Be Interested In...

Spanish GP funding to be cut for 2016

The Spanish Grand Prix looks set to have a reduction in city funding from...
10y ago from FormulaSpy.com

Spanish GP funding slashed by Barcelona council

Barcelona's city council has slashed funding for the Spanish Grand Prix....
10y ago from GrandPrix247.com

Barcelona slashes funding for Spanish GP

Barcelona's city council has slashed funding for the Spanish grand prix....
10y ago from ThisIsF1.com

Barcelona poised to half funding for Spanish GP

The Spanish Grand Prix is to have its local funding cut by half in 2016,...
10y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Will Power turns first IndyCar laps with Andretti at...

IndyCar veteran Will Power completed his first test laps with his new...

Alex Palou delivers takedown of McLaren F1 drivers...

IndyCar champion Alex Palou has delivered a takedown of both McLaren...

Popular On TotalWRC.com

Popular On GunnersToday.com

“If I say too much, drug testers will come” -...

Former Manchester United striker Danny Welbeck had a humorous response to...
16m ago from SportsKeeda.com

Player ratings: Portsmouth 1-4 Arsenal

Arsenal progressed to the fourth round of the FA Cup with a 4-1 victory at...
9h ago from FreshArsenal.com

Papers: Arsenal join the race to sign Guehi

The top stories and transfer rumours from Friday's newspapers...
10h ago from SkySports.com

Papers: Arsenal and Man City to battle for Livramento...

The top stories and transfer rumours from Saturday's newspapers...
10h ago from SkySports.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.