“The contract was signed for 10 years. Under the agreement, the” Formula – 1 “races will be 5 years. Azerbaijan decides within 5 years of the race to hold, then we have to pay a fine.”

According to APA, Youth and Sports Minister Azad Rahimov said.

Rahimov said that the 10-year contract to race in the next 5 years, or in its discretion, carry, or you can stop “But to be in the top 5. The budget of 12 million dollars of the race. This race is paid an annual fee and organization costs budget of which will be clarified. Nothing will be hidden.