(GMM) In his London office on Monday, Bernie Ecclestone agreed a deal to take over the running of the Belgian grand prix.
The F1 supremo met with Spa Francorchamps and Wallonia government officials, and they reportedly shook hands on a long term arrangement to secure the future of the historic and popular race.
The seriousness of Ecclestone's recent hint that he would become promoter, meanwhile, was bolstered with news that the bankrupt promoter of the 2005 race was also at the meeting. Presumably, Bernie requested their presence as he prepares to take responsibility for the annual grand prix.
'Het Nieuwsblad' newspaper said on Tuesday that Bernie, 75, also agreed to scrap the need for the local government to financially 'guarantee' the promoters' agreement.
Indeed, the Belgian 'Expatica' publication cited him as saying that the new Spa deal - as well as being good for him - would also 'be beneficial' to the government.
Written: Wed, 14 Dec 2005 04:55:19
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