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Ecclestone: Chinese GP safe

China will keep its place on the F1 schedule in 2011, despite the fact it makes huge loses and is not yet profitable.
F1 boss Bernie Ecclestone has confirmed that the Shanghai International Circuit will retain its race next season and that the event will continue on a 'rolling contract' for the foreseeable future.

There has been speculation that this year's event might be the last in Shanghai, after officials said the city might not take up its option for another five years.

Indeed despite having now hosted a race since 2004, crowd numbers remain relatively low and it is estimated the race has made loses of around $146 million a year ever since then.

Ecclestone told reporters on Friday though that the circus will be back in 2011: "We've talked to them all the time about everything, we're happy with everything, there are no dramas.

"The contract is ongoing here - it will go on as a rolling contract. I'll be here [next year]."

Asked about the empty grandstands, Ecclestone added that the reason it fails to attract the crowds is because it is not adequately publicised.

"It's a shame, the whole venue's good, everything's good, they're [just] not promoting it properly, it's a simple as that," he continued. "These people that run the place should do a bit more, in the centre of Shanghai, you wouldn't even know there's a race here."



Related Pictures

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Bernie Ecclestone (GBR), Chinese F1 Grand Prix, Shanghai, 17th-19th, April 2009
Bernie Ecclestone (GBR), Turkish F1, Istanbul Park, 9th-11th May, 2008
Mark Webber (AUS) Red Bull Racing RB 6

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rob01

April 16, 2010 6:59 PM

It also must be said the crowd, if it can be called that, was dismal, again throwing into question the approach of the authorities to some of the races on the calendar. The venue accommodates 200,000 but there were hardly 1% of that number in attendance. "They've not promoted it properly, it's as simple as that," admitted Bernie Ecclestone. "If you were in Shanghai, you wouldn't even know there was a race here." The acid test will come on Sunday. But the race is safe.. hmmm :?



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