Economy might claim French GP

Economy might claim French GP

A 2009 running of the French Grand Prix came into doubt Wednesday when the French Motorsports Federation (FFSA), said it would not extend financial backing. French Air Force. Photo by xpb.cc. A statement read in part, "After...

A 2009 running of the French Grand Prix came into doubt Wednesday when the French Motorsports Federation (FFSA), said it would not extend financial backing.

French Air Force.
Photo by xpb.cc.

A statement read in part, "After examining the economic situation, the FFSA is to stop being the financial promoters of (an) F1 grand prix."

The scheduled race, at Magny-Cours, was approved for the weekend of June 28 by a vote last week of the FIA's World Motor Sport Council that approved the 2009 schedule.

A race could go ahead if a promoter is found. The Magny-Cours site, in a rural area of France, is not popular with the sport's commercial director, Bernie Ecclestone, who has said he would prefer a race nearer Paris.

The sport's team principals are scheduled to meet with FIA president Max Mosley in Shanghai, China, after this weekend's Chinese Grand Prix to discuss new ways to cut costs in the sport. Mosley's previous call to halve the cost of running the sport has taken on urgency with the global financial crisis. Mosley says the sport must cut costs by 2010 to retain credibility.

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Series Formula 1
Drivers Bernie Ecclestone