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Thursday, February 29, 2024

Azerbaijan GP talks “Positive” over F1 race deal extension

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The race, held on a high-speed course across the metropolis of Baku, has been characterised by its action-packed races to grow to be one thing of a contemporary basic in F1’s present forged of circuits.

Having achieved a sell-out crowd for the primary time in its historical past, the 2023 version of the Baku race additionally options F1’s first trials of its new dash weekend format, featuring standalone qualifying for the shortened race on Saturday afternoon.

The circuit’s present contract runs out in 2024, however talks with F1 look set to yield an prolonged keep for the venue overlooking the Caspian Sea.

“I can not actually disclose the small print of the negotiations – nevertheless, it is no secret that we’re actually trying ahead to it being signed. It is getting into a Positive route,” mentioned Baku Metropolis Circuit head of communications Turab Teymurov.

“We might love [to continue] as a result of we perceive the advantages coming from internet hosting the race. As an illustration, PricewaterhouseCoopers, they ready a report – and in keeping with that report, the advantages coming to Azerbaijan from internet hosting the primary 4 races was greater than $500 million.

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“But it surely’s not simply that. There are additionally social advantages – a volunteering program, youth packages, company; social responsibility-wise, it’s totally, very worthwhile. It brings loads of worth.

“It does not matter for us whether or not it is three, six, or 10 [years], this yr is essential. And if it is long run, we want to be established, so the longer the higher.”

A view of the observe

Photograph by: Simon Galloway / Motorsport Images

Talking in regards to the place of the race on the calendar, Teymurov felt there have been no doubts that the race might be versatile, on condition that it has been capable of swap between April and June dates over its tenure on the schedule.

He added that, relying on the success of the dash occasion on the circuit, the organisers could be open to internet hosting additional dash race weekends.

“Whether or not it is in June or April, we do not take it as a problem as a result of it is not difficult for us anymore.

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“We now have a really sturdy group, and even supposing it is hosted within the metropolis centre, they’ve the fitting experience and the fitting information to have the ability to host such a giant occasion – so it does not matter when.

“And in April, to be sincere, it is windier in April – and I believe wind provides extra drama to the race.

“The dash race has its personal standing with its new format, so let’s have a look at. It’ll show whether or not it is as attention-grabbing, but when that proves to be efficient, yeah, why not [continue]?”

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