Assen’s odds of hosting a Formula 1 race in 2020 have just gotten better: the Dutch government has declined to provide a subsidy to their main competition in Zandvoort to put on the event.
Translation by Traci White
On Tuesday, Dutch sports minister Bruno Bruins made known that the ministry would not be paying the 5-million-euro subsidy request made by Zandvoort to help put on the race. The minister says that the race is a commercial sporting event and that government funding would neither be necessary nor justifiable.
Jos Vaessen, a member of The Netherlands Grand Prix Foundation who is working to bring Formula 1 to Assen, says that Drenthe is not celebrating just yet, “but if Zandvoort’s odds are smaller, that means that ours are bigger.” Dagblad van het Noorden reports that the organization has been invited to come to the F1 headquarters in London for a meeting.
Zandvoort reportedly needs to come up with an additional 20 million euros in financing to cover the event, but Vaessen says that Assen’s TT Circuit already has sufficient funding to put on the race.