No more Brno MotoGP?

Budget defecit and no state help may stop play

The future of the Czech Grand Prix Brno is in jeopardy, so claims a story in the Prague Post.

The event's organizer, Automotodrom Brno, announced a financial loss of 78.7 million Koruna (£2.9 million) in 2010. Automotodrom Chairwoman Ivana Ulmanová said financial woes are likely to bring an end to the annual Czech Grand Prix - one of the most traditional and largest sports events held each year in the country.

"Even if we further cut operational costs, we're unable to have a balanced budget. In this situation, it's likely this summer's Czech Grand Prix will be the last one," Ulmanová said.

The Czech Grand Prix has been held on the Masaryk circuit in Brno every year since 1965. Last year, about 238,000 fans attended the competition of the world's premier bikers. The Czech Grand Prix was the most attended race in a season of 18 races in 13 countries. Still, net income from admission to the event reached only about 51 million K (£1.8 million), the organizers said.

The event's ultimate killer will likely be the high listings fee charged by the championship's worldwide promoter, Dorna. Last year, the fees almost doubled, reaching 70 million K (£2.5 million).

Ulmanová said not even profits from other events or renting the circuit for testing - by Formula One teams, for example - can cover Automotodrom's loss from the Czech Grand Prix.

Automotodrom Brno has already notified Dorna that it cannot guarantee financing of the 2012 Czech Grand Prix. 

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