F1

Japan crisis to also affect F1 - Ecclestone

228 views

By Motorsport.com/GMM

Attendance at the Japanese Grand Prix later this year will surely be affected by the country's earthquake and nuclear crisis.

Japanese GP will be affected by recent earthquake
Japanese GP will be affected by recent earthquake

Photo by: xpb.cc

That is the view of F1 chief executive Bernie Ecclestone, as according to a report in the Daily Mail he is already counting the costs of new losses in the sport's crucial corporate hospitality area.

The 2010 accounts show a $5.2 million loss, as sponsors cut spending on hospitality, causing ticket prices to rise.

Another headache for F1 is the looming race at Suzuka, even though the highly popular circuit was not actually damaged in the recent earthquake and tsunami.

"The problem is not going to be any damage to the circuit, it is how much damage is done commercially with people buying tickets," said Ecclestone.

We had trouble with an earthquake before and tried to help them

Bernie Ecclestone

The 80-year-old revealed that F1 assisted Japan some years ago when an earthquake struck.

"We had trouble with an earthquake before and tried to help them," said Ecclestone.

Write a comment
Show comments
About this article
Series F1
Tags earthquake, ecclestone, grand prix, japan

User photos

Tim Holmes
F1

Tim Holmes

25 photos
EuroRacer
F1

EuroRacer

38 photos
Evan_DeCiren
F1

Evan_DeCiren

27 photos
jimmykwoods
F1

jimmykwoods

2 photos
nickmossdesign
F1

nickmossdesign

1 photos
EricDebris
F1

EricDebris

411 photos
hanmerdesign
F1

hanmerdesign

7 photos
darkcloud154
F1

darkcloud154

22 photos
Upload photo