F1 News, Reports and Race Results

It's all systems go for French Grand Prix at Paul Ricard!

The French Grand Prix scheduled for the summer of 2018 at the Paul Ricard circuit was officially confirmed yesterday by organisers at press conference.

Christian Estrosi, the President of the PACA region which has jurisdiction over the race, said that all financial guarantees and covenants had been fulfilled.

A former motorcycle racer who turned to politics, Estrosi actually enjoyed a few laps of Paul Ricard in one of the Winfield driving school's Formula 1 cars. Formula E charger Nicolas Prost was on hand to offer some advice.

"The Provence-Alpes-Côte d’Azur region will be the reference  shareholder of GIP," said Estrosi.

"Communities will finance the Grand Prix budget to an amount of € 14 million for a franchise cost which compares to the average European race fee.

"On the commercial front, we have already held discussions with potential partners from the industrial and services  sector."

Circuit Paul Ricard manager believes the race will be scheduled in late August and is hoping attendance figures will reach 65,000, with teh event's cheapest tickets selling at around €50 or €60.

GALLERY: F1 drivers' wives and girlfriends

Keep up to date with all the F1 news via Facebook and Twitter

Phillip van Osten

Motor racing was a backdrop from the outset in Phillip van Osten's life. Born in Southern California, Phillip grew up with the sights and sounds of fast cars thanks to his father, Dick van Osten, an editor and writer for Auto Speed and Sport and Motor Trend. Phillip's passion for racing grew even more when his family moved to Europe and he became acquainted with the extraordinary world of Grand Prix racing. He was an early contributor to the monthly French F1i Magazine, often providing a historic or business perspective on Formula 1's affairs. In 2012, he co-authored along with fellow journalist Pierre Van Vliet the English-language adaptation of a limited edition book devoted to the great Belgian driver Jacky Ickx. He also authored "The American Legacy in Formula 1", a book which recounts the trials and tribulations of American drivers in Grand Prix racing. Phillip is also a commentator for Belgian broadcaster Be.TV for the US Indycar series.

Recent Posts

A historic day for F1 and Lella Lombardi

A special chapter in F1 history was written on this day in 1975 when Lella…

1 hour ago

Mercedes and Verstappen camp planning talks after Miami

Mercedes is reportedly planning high-level talks with Max Verstappen and his management after next week’s…

2 hours ago

Stroll reportedly mulling selling stake in Aston Martin F1 team

Aston Martin F1 team owner Lawrence Stroll is reportedly considering selling a minority stake in…

3 hours ago

Vasseur: Increasing complexity of F1 sporting rules 'contradictory'

Ferrari team principal Frederic Vasseur has suggested that the increasing complexity of F1's sporting regulations…

5 hours ago

Stella says next McLaren upgrade 'should be noticeable'

McLaren boss Andrea Stella is hoping that the next set of upgrades on the MCL38…

19 hours ago

Andretti chases new staff hires as F1 push continues

Despite having their bid to join the Grand Prix grid in 2025/6 rejected by Formula…

20 hours ago