SM
Club Brugge vs. Aston Villa: 14 hrs 23 mins
Upcoming predictions and previews

Barcelona hopes for new F1 contract

:Headline: Barcelona hopes for new F1 contract: ID:343988: from db_amp
Organisers of the Spanish grand prix are still not sure they will reach a new agreement with Liberty Media.

Organisers of the Spanish grand prix are still not sure they will reach a new agreement with Liberty Media.

Vicenc Aguilera, the Circuit de Catalunya boss, told Spanish reporters he hopes to sit down with the F1 owner "in three or four months".

"We are working on it but we have to do things right," he said. "The goal is to renew but the game is yet to be played."

Aguilera acknowledged that Liberty Media has "alternatives" to Barcelona, but said the current Spanish grand prix venue has a lot going for it.

"We have to know how to play the cards we have," he said.

"When we face a contract renewal, we must look at our ability to generate revenue, what we pay for the contract, the conditions under which we manage the grand prix -- there are many variables and we will see how it progresses."

While Liberty has inked a deal with new organisers in Vietnam, many European circuits including Silverstone, Hockenheim and Monza say it is difficult for them to make money.

"The health of the circuit is clearly good in its structure," said Aguilera, "but financially it is mediocre.

"We are not able to generate resources and cope with losses due to the current harsh conditions. We need extra contributions," he added.

El Mundo Deportivo newspaper said the local government has been contributing EUR 2.5 million, but that amount is now being cut to 1.5m.

"We have had an agreement that has lasted three years and now we have to consider what to do for 2020," Aguilera said.

"In 2019 there are elections right after the grand prix and we will see what happens."

Another Barcelona boss, Joan Fontsere, admitted he is relieved that the F1 teams at least decided to keep the circuit as the sole winter test venue for 2019.

"It was the hardest negotiation that I have faced to date," he said.

"This year's snowfall did not help because the teams want to test in optimal conditions, but the commitment to improvement and those who appreciate the circuit in technical terms meant they decided to stay."

amp_article__343988 : Database Data restored...  : 
last updated article - 2018-12-12 01:00:00:
html db last update - 2018-12-12 01:00:00 :

ex - 7200 : read : read cache amp html
Share this article now:
Read more about Formula 1
Recommended Next on SM
Premier League Table
TeamPWDLFAGDPTS
1Liverpool108111961325
2Manchester CityMan City1072121111023
3Nottingham ForestNott'm Forest10541147719
4Chelsea105322012818
5Arsenal105321711618
6Aston Villa105321715218
7Tottenham HotspurSpurs1051422111116
8Brighton & Hove AlbionBrighton104421714316
9Fulham104331413115
10Bournemouth104331312115
11Newcastle UnitedNewcastle104331010015
12Brentford104151920-113
13Manchester UnitedMan Utd10334912-312
14West Ham UnitedWest Ham103251319-611
15Leicester CityLeicester102441418-410
16Everton102351017-79
17Crystal Palace10145813-57
18Ipswich TownIpswich100551021-115
19Southampton10118719-124
20Wolverhampton WanderersWolves100371427-133
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.



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