Red Bull Renault claimed their historic first victory yesterday as Sebastian Vettel and Mark Webber celebrated on podium in Shanghai GP. A source told us that the Chinese Grand Prix only sold 70 percent of its tickets despite the prices were cut nearly half than the previous year. “The economic crisis has indeed affected the [...]
Entries Tagged as 'Formula 1'
F1 Boss Backs Shanghai GP
April 20th, 2009 · 2 Comments · Racing
Tags:Bernie Ecclestone·Chinese Grand Prix·Formula 1·Juss Events·Red Bull Renault·Shanghai
NFL Cancels China Bowl, Again
December 12th, 2008 · 3 Comments · American Football, Business
The New York Times noted early this week that NFL will cut 150 jobs after the superbowl. Below are some excerpts: The N.F.L., widely considered the most successful sports league in North America, will reduce its staff by about 150 employees after theSuper Bowl in response to the slumping economy, Commissioner Roger Goodell told staff [...]
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 [...]
Tags:Formula 1·Juss Events·Shanghai
China May Drop F1 Race in Shanghai As Its Economy Slows
November 15th, 2008 · 2 Comments · Business, Racing
Chinese Grand Prix, hosted at the $450m Shanghai International Circuit since 2004, may see its end in 2010 when the contract with F1 expires. “We’re doing the assessment. By next year we should be able to give you an answer,” Qiu Weichang, deputy director of the Shanghai Administration of Sports, told AFP on Thursday when [...]
Tags:branding·Chinese Grand Prix·economy·Formula 1·Shanghai·World Expo 2010
