Tagged: yeongam circuit financial result

The Korean GP loses more than 28 million euros in 2012

The organizers of the Korean Grand Prix have announced that the race was organized last month meant a loss of more than 28 million euro’s, 36 million dollars. The balance that makes these financial results is not entirely negative, as the first date that organized the Yeongam Circuit joined a negative balance amounting to almost 40 million euro’s, 50 million dollars.

Korean Grand Prix

Hard to understand how a race is organized by public money remains in the Formula 1 calendar, despite these huge losses, despite a plot that adds nothing and although the stands are filled with the opening of doors, allowing free access to the seats, not ticket sales. Therefore, do not understand that Korea is still visited by F1. Read more »


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