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Beijing A1GP race dropped
23rd March 2007
The 2007-8 A1 Grand Prix series will not include round in Beijing, China after the race promoters said that they could not afford to cover the ‘huge’ losses that resulted from the 2006 event.
According to a report in the Shanghai Daily newspaper the "World Cup of Motorsport" race held on street circuit in Beijing in November 2006 cost 20 million yuan (about $2.6 million) and attempts to offset these and other expenses through sponsorship from local businesses had proved disappointing.
The race promoters Haiyi also stage an A1GP race in Shanghai. Haiyi deputy general manager Guan Yunke said, "We have worked our socks off to get everything right for both rounds over the past few months, but the financial burden to stage two races in a year is overwhelming with huge losses. Therefore we decided to drop the Beijing leg next season."
"Despite its growing popularity, A1 remains a hard-sell to sponsors."
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