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Report Lost In Translation, Shanghai GP Likely to Stay

November 25th, 2008 · No Comments · Business, Racing

CSR told you earlier that China may drop its Grand Prix race in Shanghai after 2010 when the contract with F1 runs out . It seems this may not happen as Leon Sun, general manager of Juss Event Management (上海久事国际赛事管理有限公司), said the previous report was lost in translation.

Qiu Weichang (邱伟昌), deputy director of the Shanghai Administration of Sports, is reported to have said that:

“We’re doing the assessment. By next year we should be able to give you an answer. Of course we would like at least to break even. But there are two factors – one is the assessment; the other part is the win-win situation that we can create.”

“I’ve spoken to Mr Qiu and he never said the Grand Prix was going to leave China,” Leon clarified in a telephone interview with Reuters. Leon continued by saying, “I think for sure there will be more events coming to Shanghai, the only thing we don’t know is when and how.”

It’s interesting to see how Juss reacted to this case and, we sincerely hope they can keep the F1 in China’s economic capital and get more events in the future.

Sources and Reads:

  • Reuters: Motor racing-Chinese GP likely to stay after 2010 – organisers
  • The Gazette: How to replace the Grand Prix? Here’s some ideas

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