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 - 2023

Date
Grand Prix
Circuit
-
Bahrain
3 - Mar 5
Bahrain
17 - Mar 19
Saudi Arabia
31 - Apr 2
Australia
28 - Apr 30
Azerbaijan
5 - May 7
United States of America
19 - May 21
Italy
26 - May 28
Monaco
2 - Jun 4
Spain
16 - Jun 18
Canada
30 - Jul 2
Austria
7 - Jul 9
United Kingdom
21 - Jul 23
Hungary
28 - Jul 30
Belgium
25 - Aug 27
Netherlands
1 - Sep 3
Italy
15 - Sep 17
Singapore
22 - Sep 24
Japan
20 - Oct 22
United States of America
27 - Oct 29
Mexico
-
Spain
3 - Nov 5
Brazil
17 - Nov 19
United States of America
24 - Nov 26
United Arab Emirates
-
Italy
-
Italy
-
Italy
See full schedule

Formula 1 Calendar - 2023

Date
Grand Prix & Circuit
3 - Mar 5
17 - Mar 19
Saudi Arabia Jeddah Street Circuit
31 - Apr 2
Australia Albert Park
28 - Apr 30
Azerbaijan Baku City Circuit
5 - May 7
United States of America Miami International Autodrome
19 - May 21
26 - May 28
Monaco Monte Carlo
2 - Jun 4
16 - Jun 18
30 - Jul 2
Austria Red Bull Ring
7 - Jul 9
United Kingdom Silverstone
21 - Jul 23
Hungary Hungaroring
28 - Jul 30
25 - Aug 27
Netherlands Circuit Zandvoort
1 - Sep 3
Italy Monza
15 - Sep 17
22 - Sep 24
20 - Oct 22
United States of America Circuit of the Americas
27 - Oct 29
3 - Nov 5
Brazil Interlagos
17 - Nov 19
United States of America Las Vegas Street Circuit
24 - Nov 26
United Arab Emirates Yas Marina Circuit
See full schedule
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