Formula One
26 November 2009

Formula One news

Australian Grand Prix suffers €20 million loss

Australian Grand Prix suffers €20 million loss

31 October 2007

The organisers of this year's Australian Formula 1 Grand Prix ran at a € 20.4 million loss a report tabled in the Victorian parlement shows. The report showed that the revenue from the Grand Prix decreased from € 28.1 million in 2006 to 25.6 million this year.

According to the organisers of the Australian Grand Prix the losses were attributed to dwindling ticket sales and sponsorship revenue Australian newsagent AAP reports.


more news


Homepage



Test Schedule

01 Dec. Jerez
02 Dec. Jerez
03 Dec. Jerez
full overview

GPUpdate.net poll

Question:  Which new 2010 team will be quickest?
Poll results