Azerbaijan Grand Prix under threat as oil prices plummet

Azerbaijan’s inaugural Formula 1 race could be in doubt, according to an economist. The first F1 race on the historic streets of Baku is scheduled for June, but Azerbaijan’s economy is currently being battered by the collapsing price of oil. “Azerbaijan is an oil country,” Ali Hasanov, a presidential advisor, told the state news agency Azertac. “The prices […]
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