SM
Sports Mole words bigger AMP 2
Friday, March 28
Upcoming predictions and previews

Rio secures $72m tax break for Brazil GP bid

:Headline: Rio secures $72m tax break for Brazil GP bid: ID:381657: from db_amp
Rio de Janeiro's efforts to snatch the Brazilian GP away from Sao Paulo are continuing apace.

Rio de Janeiro's efforts to snatch the Brazilian GP away from Sao Paulo are continuing apace.

While Interlagos organisers want to keep the race at their historic circuit, the rival Rio bid has the support of Brazilian president Jair Bolsonaro.

And now, Rio has also secured the support of the state government too.

UOL reports that the government's sports secretariat has approved a bill that gives the race a 302 million Brazilian Real (US $72 million) tax break for the first two races in 2021 and 2022.

The report said the money is intended to cover Liberty Media's race fees, not the construction of the circuit at a former military base west of the city.

Also unanimously approved by the Rio state government was the overall "Formula 1 Rio de Janeiro 2020-2030" project.

However, the approval of the company slated to build the circuit, Rio Motopark, is being investigated by the public prosecution service for bidding irregularities.

amp_article__381657 : Database Data restored...  : 
last updated article - 2019-12-04 07:51:41:
html db last update - 2019-12-04 07:51:41 :

ex - 7200 : read : read cache amp html
Share this article now:
Recommended Next on SM
Premier League Table
TeamPWDLFAGDPTS
1Liverpool29217169274270
2Arsenal291610353242958
3Nottingham ForestNott'm Forest29166749351454
4Chelsea29147853371649
5Manchester CityMan City29146955401548
6Newcastle UnitedNewcastle2814594738947
7Brighton & Hove AlbionBrighton29121164842647
8Fulham2912984338545
9Aston Villa2912984145-445
10Bournemouth29128948361244
11Brentford29125125045541
12Crystal Palace2810993633339
13Manchester UnitedMan Utd29107123740-337
14Tottenham HotspurSpurs291041555431234
15Everton2971393236-434
16West Ham UnitedWest Ham2997133349-1634
17Wolverhampton WanderersWolves2975174058-1826
18Ipswich TownIpswich2938182862-3417
19Leicester CityLeicester2945202565-4017
20Southampton2923242170-499
Scroll for more - Tap for full version


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
AL
Sign up for our FREE daily preview newsletter direct to your inbox!

Loading ...

Failed to load data.



. . . . . . . . . . . . . . . .