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Austin Officials Attend British Grand Prix, Call Trip "Worthwhile And Valuable"
Published July 12, 2012
NO JOKE: The GUARDIAN's Christian Sylt notes F1 Management Chair Bernie Ecclestone has “confirmed for the first time that he is indeed working on a race" in London. He said, "We are getting on with it. It is no joke, 100% completely no joke.” Ecclestone revealed that work on the race “is progressing following the unveiling last month of plans for a track which would snake past some of the capital's most famous landmarks.” He also said that F1 would “cover the running costs and waive the usual [US$54M] hosting fee” (GUARDIAN, 7/12).