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PORTIMAO paid a much lower price for the FORMULA 1 race

Organizers of Portugal’s next Formula 1 GP race in Portimao will pay a much lower fee for their event.

Photo: HB Press

Portuguese racetrack, which will host the caravan next Formula 1, is one of the many venues to be on this year’s calendar of the royal class of motorsport found due to the coronavirus crisis.

"Each race in Europe costs between 30 and 50 million euros, but our numbers, which are written in the contract for the race without spectators, are much lower,”Said the head of the organizers Paulo Pinheiro. Liberty Medium she wanted as many races as possible to be held this year, but the first man Formula 1 in departure Chase carey insists that the race schedule for next year will be closer to normal. However it is Pine remains convinced that the Portuguese racetrack has a future in Formula 1. "There are many racetracks with contracts, but the possibility of introducing a rotation of races allows us to dream ahead,”The Portuguese told the newspaper The ball.

Portimau race chief Paulo Pinheiro has admitted that they paid a much lower amount for the Formula 1 race, which will take place at the end of next week.

"Our racetrack is attractive and the race creates a lot of expectations,He added Pine. "We follow a schedule and specifications that are complex and demanding. We replaced the asphalt surface and installed new markings, bridges and kilometers of cables. There are only 55 people on our team, but our bodies are motivated to make our life dreams come true,He added Portuguese.      

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