Efforts on to save Belgian GP

Updated: 25 February 2007 09:53 IST

Regional authorities in southern Belgium will seek financial support to keep the F1 Belgian Grand Prix after the race organizer filed for bankruptcy.

Brussels:

Regional authorities in southern Belgium will seek financial support to keep the Formula One Belgian Grand Prix after the race organizer filed for bankruptcy. The Wallonia regional government assessed its options, and wants to continue talks with F1 organizers, the operators of the Spa-Francorchamps circuit, and private investors. The Belgian GP is on the 2006 schedule for September 17. The circuit through the rolling hills of the Ardennes is a favorite of many drivers. The regional authorities have to make up losses from this year's race because crowds were barely over 50,000, half the level of a decade ago. The declining interest has been blamed on rocketing prices, fewer laps by the top racers during the practice and qualifying sessions, and a lack of excitement during the races where overtaking is increasingly rare. (AP)

Topics : Formula 1 Belgian Grand Prix
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