Spanish GP: F1 will renegotiate fees for races without fans

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AP Madrid
Last Updated : Apr 22 2020 | 4:02 PM IST

Formula One organizers are open to renegotiating hosting fees for races that may take place without fans this season because of the coronavirus pandemic, the general manager of the Circuit de Barcelona-Catalunya said.

Joan Fontser told The Associated Press that Liberty Media is conscious that if races need to go on without fans the contracts with event promoters will have to be somehow renegotiated.

"They are conscious that this is an exceptional situation," Fontser said Tuesday. "We are obviously on the same page. If they want to keep some races on because of the TV rights, because of the teams ... they know that our income (will be reduced), they realize that this year it will be like that, so for sure we are on the same page."
he economic impact for the country will be very reduced. It means no income for taxis, for hotels ... so that changes completely the agreement between the two parties."
"So the fewer people we move, the smaller the risk, and the fewer days we use and the fewer activities we do, the lower the costs. It's an exceptional season and exceptional decisions need to be taken."

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First Published: Apr 22 2020 | 4:02 PM IST

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