Sydney plays down GP bid reports

Wed, 27 June 2007, 01:47

The premier of rival Australian state New South Wales has played down reports this week that Sydney might try to poach the country’s grand prix from the Victorian capital Melbourne.

Despite saying on Tuesday that “nothing will be ruled out” by the new $85 million major events corporation, premier Morris Iemma clarified less than 24 hours later: “We have no ambitions for the (GP).”

Melbourne’s current formula one contract runs until 2010.

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