Europe 1 with AFP 6:06 p.m., December 16, 2022

After the end of the Formula 1 French Grand Prix at Le Castellet in the Var, the dissolution of the public interest group which managed it on the Côte d'Azur leaves a deficit of around 27 million euros.

These 27 million consist of a "liability" of 16 million euros and an advance from the Region of 11 million euros.

Four months after the announcement of the end of the Formula 1 Grand Prix de France, the dissolution of the public interest group which managed it on the Côte d'Azur is debated, because it leaves a deficit of around 27 million euros.

"There is a slate which is 27 million euros to be shared", explained to AFP the president of the Provence-Alpes-Côte d'Azur region, Renaud Muselier, one of the main contributors to this public interest group (GIP) which organized this Formula 1 race.

An advance of 11 million euros from the Region

These 27 million consist of a "liability" of 16 million euros, which the structure must reimburse to its suppliers, and an advance from the Region of 11 million euros, indicated another source, member of the GIP, confirming information from the regional daily

Nice-Matin

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Each of the public actors (the Region, the Toulon-Provence-Mediterranean and Nice Côte d'Azur metropolises, the Var department, the chambers of commerce and industry of the Var and the region, and the Sud Sainte -Baume) as well as the Paul Ricard circuit, at Le Castellet in the Var, will have to put their hands in the wallet to pay the slate up to their participation in the GIP.

The regional council should vote Friday afternoon in permanent committee a new advance of 5.8 million euros to participate in the payment of suppliers.