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Australian Grand Prix `does not benefit` country.

“It's no secret we have been having discussions. We haven't concluded those discussions. We'd like to get an agreement going forward, but it's got to be the right deal for our state; it's got to provide value for money.”

In a recent poll to find Melbourne's best tourist attraction, held by the Royal Automobile Club of Victoria and Tourism Victoria, the grand prix failed to gain even a single vote.

Previous reports have suggested that a new deal that will see the race continue to be held until at least 2015 has been all-but agreed [see separate story – click here]. It has also been suggested the event could be moved to a heavily-revamped Eastern Creek circuit near Sydney, which currently hosts A1GP.

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racerdog45 - Unregistered

June 28, 2008 3:41 PM

According to Bernie F1 doesn't need Germany, England, France, USA and now Australia. Guess what Bernie we don't need you and we can't afford you anyways! I guess Bernie thinks the only person who needs to make a profit for the sport to survive is himself! Keep going to those 3rd world countries and see how long your fanbase keeps watching on TV. Sooner or later governments are going to realize that F1 isn't worth padding Bernie's pocket and kissing his *******

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