FORMULA ONE: French Set Deadline to Save Event

Article excerpt

Byline: Ian Gordon

Next year's British Formula One Grand Prix will go-ahead on July 11 but its French counterpart was given the task of raising pounds 20 million by the end of this month to save its place on the calendar.

The change of date from a week earlier was confirmed by the World Council of the sport's governing body, the FIA, in Monaco yesterday. The change of date will delight organisers of the British round of the championship who were desperate to avoid a clash with the men's singles final at Wimbledon and the Euro 2004 climax in Lisbon.

The council has given the French Grand Prix a provisional date of July 4 but has set two conditions which have to be met by December 31 for the event at Magny-Cours to take place.

FIA must receive confirmation that a contract is in place between Bernie Ecclestone's Formula One Management and the FFSA, French motorsport's governing body, while all ten Formula One teams must agree that the race can be reinstated on the calendar. …