Wheels24

French GP bids on hold again?

2012-09-26 10:44

PARIS, France - The French autosport federation will check whether the nation's two candidate tracks for a 2013 Formula 1 French F1 GP will carry on with their bids since the sports ministry has said there will be no state subsidy.

Magny Cours and Le Castellet had included state assistance or a state guarantee in their files.

NO HELP FROM THE STATE


The federation said in a on its website: "Madam minister (Valerie Fourneyron) confirmed that the state would not grant any financial help to the French GP."

Its president, Nicolas Deschaux, added: "I will put a question to the two bidders to contemplate the conditions in which they could carry on as candidates."

The French GP was held at Magny Cours from 1991-2008 when it was dropped from the F1 calendar.

Reuters