Funding for Barcelona F1 race still under review

  • Published on 03 Jul 2015 13:13
  • comments 2
  • By: Rob Veenstra

Barcelona's new mayor still sounds determined to cut funding to the Spanish grand prix. As she came into office in May, Ada Colau promptly announced that the EUR 4 million contributed annually by the city to the race at the Circuit de Catalunya is in doubt. "In the context of what is happening (in Barcelona), formula one is not the priority," she was quoted as saying.

Now, Colau has told Catalunya Radio: "There is a lot of money connected with the circuit so I don't think it (the grand prix) depends on those four million." She said no decisions have been taken, but it is "logical to want to carefully review some things". (GMM)

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  • khasmir

    Posts: 893

    Stupid short-sighted politicians... I'm sure the whole F1 GP brings more money to the region than they pay for it... Now they want the income without paying a fee, that is not sustainable in the long term. You can't have the cake and eat it too...

    • + 0
    • Jul 3 2015 - 21:18
  • kleve

    Posts: 1

    you right it brings more money but that money it doesn't help to open new schools or hospitals, also the income of the F1 GP doesn't go back to the tax payers, it goes straight to Bernie's pocket. We don't want the cake mate

    • + 0
    • Jul 6 2015 - 14:05

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