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Qatar to pay $78 million a year for Grand Prix

  • Published on 25 Nov 2014 08:31
  • comments 0
  • By: Rob Veenstra
Qatar, the small Arab country, looks set to break F1's record for the highest-paying grand prix host. F1 business journalist Christian Sylt, who is close to the sport's chief executive Bernie Ecclestone, cited 'sources' in reporting that Qatar looks set to pay about $78 million a year beginning with its first race no later than 2017.

With either an event at the floodlit MotoGP circuit at Losail or possibly a street race, Qatar would join F1's other two Middle Eastern races on the calendar, Bahrain and Abu Dhabi. "We are looking at all possibilities there," said Ecclestone. "Qatar is not signed but they are ready to go."

Writing in the Independent newspaper, Sylt said the current highest-paying race host in formula one is Abu Dhabi with its reportedly $72.5 million price-tag. And the British journalist told us: "(Qatar's deal) would give F1 more races in the Middle East than in North America!" (GMM)

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Formula 1 Calendar - 2021

Date
Grand Prix
Circuit
-
Bahrain
26 - Mar 28
Bahrain
16 - Apr 18
Italy
7 - May 9
Spain
20 - May 23
Monaco
4 - Jun 6
Azerbaijan
18 - Jun 20
France
25 - Jun 27
Austria
2 - Jul 4
Austria
16 - Jul 18
United Kingdom
30 - Aug 1
Hungary
27 - Aug 29
Belgium
3 - Sep 5
Netherlands
10 - Sep 12
Italy
24 - Sep 26
Russian
1 - Oct 3
Singapore
8 - Oct 10
Japan
22 - Oct 24
United States of America
29 - Oct 31
Mexico
5 - Nov 7
Brazil
19 - Nov 21
Australia
3 - Dec 5
Saudi Arabia
10 - Dec 12
United Arab Emirates
See full schedule

Formula 1 Calendar - 2021

Date
Grand Prix & Circuit
26 - Mar 28
16 - Apr 18
7 - May 9
20 - May 23
Monaco Monte Carlo
4 - Jun 6
Azerbaijan Baku City Circuit
18 - Jun 20
France Paul Ricard
25 - Jun 27
Austria Red Bull Ring
2 - Jul 4
Austria Red Bull Ring
16 - Jul 18
United Kingdom Silverstone
30 - Aug 1
Hungary Hungaroring
27 - Aug 29
3 - Sep 5
Netherlands Circuit Zandvoort
10 - Sep 12
Italy Monza
24 - Sep 26
Russian Sochi Autodrom
1 - Oct 3
8 - Oct 10
22 - Oct 24
United States of America Circuit of the Americas
29 - Oct 31
5 - Nov 7
Brazil Interlagos
19 - Nov 21
Australia Albert Park
3 - Dec 5
Saudi Arabia Jeddah Street Circuit
10 - Dec 12
United Arab Emirates Yas Marina Circuit
See full schedule
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