Liberty Media CEO Greg Maffei has denied that speculation about a possible Nice Grand Prix isn’t intended as a negotiating tactic over the Monaco GP’s future.
Speculation about a possible Grand Prix being held in Nice, just a few miles up the road from Monte Carlo, was kicked off recently after Formula 1 CEO Stefano Domenicali revealed the French city has shown interest in hosting a race – possibly once F1’s current five-year deal with Paul Ricard expires at the end of 2022.
With Monaco’s future also up for discussion and evaluation with no guarantee of a place on future F1 calendars, it’s understood F1 are seeking a change of terms with their iconic race. Aside from the principality paying the lowest race fees to host a Grand Prix, Monaco takes care of its own world broadcast feed to share out globally as well as retaining circuit signage space for their own sponsors.
The reveal of the Nice interest could be seen as a negotiating tactic, with the implication being that…