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Thursday, 08 December 2005 |
Formula One chief Bernie Ecclestone close to a deal
Formula One chief Bernie Ecclestone says he is close to reaching a deal
to secure the future of the Belgian GP after the local promoter hit
financial problems.
Bernie Ecclestone told Belgian TV station RTBF that he would take over
promotion of the 2006 race, and that a deal would be reached at the
beginning of next week.
Bernie Ecclestone said "very serious negotiations" were needed to secure the long-term future of one of F1's best circuits.
The promoter ran into trouble after poor ticket sales for this year's
GP and the regional and national government had to lend him 15m euros
(£10m) to pay Bernie Ecclestone.
The Formula One supremo has been in negotiations with the Belgian
government officials to keep the Spa-Francorchamps race on sport's
calendar.
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Last Updated ( Thursday, 08 December 2005 )
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