Site logo

Canada GP organizers issue statement re Ecclestone comments

NEWS STORY
20/10/2008

Following comments made by Bernie Ecclestone at the weekend regarding the Canadian Grand Prix, the organizers have issued the following:

Contrary to allegations made by Bernie Ecclestone regarding money owed by Grand Prix F1 du Canada for past hosting rights, the organizers of the Canadian Round of the Formula 1 World Championship would like to make clear that Mr. Ecclestone has received and accepted the terms of payment that were fully agreed to for the 2006 and 2007 events. According to Paul Wilson, Vice-President Marketing Grand Prix du Canada: "It is totally untrue to suggest that our organization has defaulted on payments owed for the past three years."

As reported this past week, Mr. Wilson continued: "It is true that we have a commercial disagreement regarding our monetary obligations, but only for 2008. This is the result of an historical difference within the contractual understanding between the two parties. We were working hard to resolved the matter in order to meet our 2008 obligations when Mr. Ecclestone, without notice, surprised everyone by unilaterally dropping the Canadian Grand Prix from the 2009 FIA schedule last October 7.

"We believe that it is important to shed the light on this matter and to clarify any allegations that could tarnish the reputation of our organization. We do not accept that the integrity of the Grand Prix du Canada should be called into question, when it is evident that the table is being set for new negotiations with different levels of the Canadian government," concluded Mr. Wilson.

LATEST NEWS

more news >

RELATED ARTICLES

LATEST IMAGES

galleries >

  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images

POST A COMMENT

or Register for a Pitpass ID to have your say

Please note that all posts are reactively moderated and must adhere to the site's posting rules and etiquette.

Post your comment

READERS COMMENTS

 

No comments posted as yet, would you like to be the first to have your say?

Share this page

X

Copyright © Pitpass 2002 - 2019. All rights reserved.

about us  |  advertise  |  contact  |  privacy & security  |  rss  |  terms