Bernie Ecclestone is reportedly using the demise of Valencia's F1 project to give organisers of next year's provisional New Jersey race a boost. We reported this week that F1 chief executive Ecclestone has agreed to terminate Valencia's contract without financially penalising the Spanish hosts.
It means the Valencian government is avoiding a reported EUR 54 million in break costs. "What we have agreed," said president Alberto Fabra, "is that we will not use any equipment in other circuits." The Spanish sports newspaper Marca has now revealed more details of Ecclestone's termination deal with Valencia. "Everything in formula one has a price," wrote correspondent Paul Juanarena.
He said Ecclestone has negotiated to take possession of Valencia's street circuit equipment, including more than 10 kilometres of fencing and barriers, worth several million euros. The beneficiary, Juanarena explained, would be organisers of the financially-pressed inaugural New Jersey grand prix, whose place on the 2014 calendar is conditional upon "circuit approval". (GMM)
New Jersey to benefit from the demise of Valencia
- Published on 18 Oct 2013 12:15
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- By: Rob Veenstra
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C. Leclerc
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A. Antonelli
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G. Russell
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Formula 1 Calendar - 2026
Date
Grand Prix
Circuit
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Spain
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Bahrain
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Bahrain
Formula 1 Calendar - 2026
Date
Grand Prix & Circuit
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Spain
Circuit de Catalunya
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Bahrain
Bahrain International Circuit
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Bahrain
Bahrain International Circuit
6 - Mar 8
Australia
Albert Park
13 - Mar 15
27 - Mar 29
Japan
Circuit Suzuka
10 - Apr 12
Bahrain
Bahrain International Circuit
17 - Apr 19
Saudi Arabia
Jeddah Street Circuit
1 - May 3
United States of America
Miami International Autodrome
22 - May 24
Canada
Gilles Villeneuve
5 - Jun 7
Monaco
Monte Carlo
12 - Jun 14
Spain
Circuit de Catalunya
26 - Jun 28
Austria
Red Bull Ring
3 - Jul 5
United Kingdom
Silverstone
17 - Jul 19
Belgium
Spa-Francorchamps
24 - Jul 26
Hungary
Hungaroring
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