Abu Dhabi F1 track sheds 61 staff

By on Thursday, July 21, 2011

Jul.21 (GMM) Abu Dhabi's F1 venue Yas Marina Circuit has shed 61 staff, according to local reports.

The UAE-based 7Days newspaper said the race organisers Abu Dhabi Motorsport Management made the decision in order to reduce costs.

But spokesman Peter Rae insisted the staff cuts will not affect preparations for November's day-night F1 race.

"As in any business if you can make the business run well and have lower costs then you make more money," he said.

The spectacular and spare-no-expense Yas Marina Circuit was a joint venture between Abu Dhabi and property development giant Aldar, but the latter company handed over control to the government last year.

If you liked this post then share it with your friends on social media websites. You can also follow us on Facebook and Twitter to stay up to date with the latest F1 news.