Monday, February 4, 2008

Australia could lose its Grand Prix

According to Formula One boss Bernie Ecclestone F1 could pull out of Australia after having raced 'Down Under' for the past 25 years. Ecclestone has said Australia is not paying enough and he prefers to host the Australian Grand Prix at night.

"Maybe we don't want to be in Australia,'' Ecclestone told The Sunday Telegraph. "Our costs are very high in Australia and we get a lot less money. It's bloody bad for us. We've got quite a few places on the list which would like to have Formula One and, as it seems your guy (Victorian Premier John Brumby) down there doesn't want Formula One, we can make him happy and make the other people happy.''

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