MAY 8, 2004

Bernie looks for new British GP promoter

Bernie Ecclestone has confirmed that there is no British Grand Prix contract after the 2004 race and says that he is not going to promote the event himself.

"I am not used to losing money," he said.

Ecclestone said that he felt "sure" that a promoter would come forward and if they did a good job could "make it work and make a profit" but he added that it is looking more and more that races need government support to survive and pointed out that governments do support the Olympic Games and World Cup competitions. Asked whether he felt the British government would support the British GP, Ecclestone said that it was "pretty slim".

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