Reuters reports that Mr. Ecclestone has “agreed in principle” to keep the French Grand Prix at Magny Cours. This is on the heels of his statements about not coming back to the French venue and suggesting that F1 should never had come there to begin with. Ouch!

Seems to me this could only signal one thing, the French government has ponied up $30M to keep a race in France and change Mr. Ecclestone’s mind. He is a crafty one if nothing else. In other countries this would be called extortion but…

I think a race needs to be in France and I am glad Mr. Ecclestone has agreed “in principle” to make this happen.

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