Financial crisis puts Brazilian GP at risk in 2017
SAO PAULO — Sunday’s rain-troubled Brazilian Grand Prix could have been the last such event for a while.
Formula One organizers and political officials say that the continuation of the race at the Interlagos track needs greater financing at a time when Brazil is cutting expenses amid a severe economy crisis.
The Brazilian Grand Prix will run a deficit of around $4 million for just this year, according to race organizer Tamas Rohonyi, but the total figure for next year could be significantly worse — perhaps up to $10 million — because of the absence of key sponsors.