It now seems that Spanish officials have come to their senses – and Bernie Ecclestone will soon be a few million quid richer – by realising that it’s too expensive for the country to host two Grands Prix a year.
According to the latest reports, both officials from Valencia and Barcelona are now in talks for their respective venues to host the Grand Prix on alternating years, the only sensible outcome to protect the future of the race in Spain given the country’s mounting financial woes.
This latest development will be music to Ecclestone’s ears, with the F1 supremo having strongly pushed for a single race in Spain in order to free up room on the 2013 calendar to make way for the inaugural Russian and New Jersey Grands Prix.
Bernie’s strategy of playing each venue off against the other seems to have worked, and it would seem he’s now managed to convince both on terms and a price that will make them feel like they’re better off.
Removing either event from the subsequent calendars frees up room for the Russian organisers to plough a few million roubles into securing their race, while Ecclestone will no doubt make sure that he offers alternation at a higher price than what they were paying before.
The end result? Spain keeps its debts under control; Bernie lands up with more money in his pocket.
But most importantly the F1 fans rejoice because now means that only have to put up with one awfully dull race on the Iberian peninsula each year.