Date: 23rd February 2011 at 11:26am
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Formula One Management (FOM) will take the hit for the cancellation of the Bahrain Grand Prix.

Reports had suggested that in a cunning plan for Bahrain to still pay up the reported £24.7 million staging fee, Bernie Ecclestone had delayed and delayed making a decision, forcing the organisers to make the announcement themselves which would in turn mean that it was they who would have ended up out of pocket.

However it would appear that the conspiracy theorists out there have got it wrong on this occasion.

?The fee that is normally being paid for the event is not being paid, I am not charging them for a race they are not getting. Bernie told the Telegraph newspaper.

That of course means that if the race cannot be slotted back into the 2011 Formula One championship schedule then Bahrain will lose money on loss of revenue from ticket sales and merchandising and FOM will miss out on the £24.7 million that they were due to receive from Bahrain for hosting the opening race of the Formula One season.

Bernie also confirmed that F1 would be looking into the options available to try and reschedule the race for later on in the season and let?s face it, he has 24.7 million reasons why he and other shareholders in FOM would like to see Bahrain added back to the calendar!

?What has happened in Bahrain is desperately sad but one month ago everyone was looking forward to the race, no one had a problem with it then.

?If everything is peaceful, which we hope it will be, then we will try our best to fit it in.?


It?s difficult to see when Bahrain could be added back onto the calendar, yesterday on our VitalF1.com forum we speculated that while not ideal, there was a summer gap in between the Hungarian and Belgian Grand Prix?s.

Logistically it would be a nightmare for teams, but it is a three week window, but it would also mean a trip to Bahrain in mid August, when the average temperature is around 38c.

Another option would be after the Abu Dhabi Grand Prix and before the season finale in Brazil, for the teams this would be the best available option due to the proximity of the events, but it could possibly cause Brazil to reschedule by a week.

 

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