France still hoping to host race in 2008 20 Jul 2007
The French motorsport federation, the FFSA, has said it is determined there will be a French Grand Prix in 2008, despite previously ruling out next years race returning to Magny-Cours, the rural venue that has hosted the event since 1991.
Back in March, the FFSA suspended the inscription of the race on the 2008 calendar as it felt that the conditions of a successful event could not be guaranteed. However, on Friday it said it is now looking for possible venues for next season.
"The FFSA Executive Committee would like to reaffirm its determination to organise the French Grand Prix until its contract with the FIA Formula One World Championship rights-holding company expires in 2011," said the FFSA in a statement.
"With regard to the 2008 race, its entry will be confirmed on condition that contractual agreements are obtained with the Conseil General de la Nievre and the Conseil Regional de Bourgogne in compliance with these bodies' pledge to increase their support to the Federation in order to permit the event to balance its books.
"Meanwhile, the FFSA Executive Committee has decided to implement a search for sites with a view to durably ensuring the future of the French Grand Prix.
The 2008 race calendar is expected to be confirmed by Formula One racings governing body, the FIA, later this year.