Sep.11 (GMM) Organisers of the Belgian GP assume they’re “making progress” to maintain their Method 1 race on the fabled Spa-Francorchamps circuit alive.
Late final yr, the game’s homeowners agreed to a mere one-year extension to the earlier race contract – that means 2025 is presently scheduled to be the ultimate Belgian GP.
It’s believed F1 CEO Stefano Domenicali intends to pair a few of the European rounds to release house on the annual calendar and allow occasions like Spa to take pleasure in decrease prices – as a result of they’ll solely be internet hosting a race each two years.
In response to the Belgian broadcaster RTBF, the regional Walloon authorities provides the promoters at Spa between 3 and eight million euros per yr.
However Pierre-Yves Jeholet, the Walloon minister of the economic system, insists that “by 2029, public intervention will lower”.
“We should have the ability to develop an exercise with out calling on the ‘Mr Money’ of the Walloon area,” he stated.
“For 2 years, the circuit has been producing income, efforts are being made, however we should go additional and discover extra sponsorship and promoting, and appeal to non-public traders to be able to restrict public intervention.”
Amaury Bertholomee, common supervisor of the long-lasting Spa circuit, acknowledges that the monetary scenario surrounding the Belgian GP going forwards should change.
“We’re going to focus on with the Walloon authorities,” he stated, “however we have now monetary outcomes which might be on a sustained and constructive trajectory. This can permit us to contemplate this phasing out (of public financing) within the quick time period.”
Minister Jeholet instructed the Brussels Instances this week that he’s personally concerned within the present negotiations for 2026 and past with Method 1.
“We’re making progress,” he revealed, “however not at any price. The negotiations proceed.”
