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FINANCIAL NEWS
Bahrain not to hold F1 Grand Prix
11 Jun 2011
(MENAFN) Circuit chairman of Bahrain Grand Prix, Zayed Alzayani, announced the country’s acceptance of not holding the Formula 1 Grand Prix in the Kingdom this year, reported Reuters.
The announcement comes after Bahrain set the postponed Grand Prix to be held in October, a decision that faced major protests from F1 teams who said they refused to go to Bahrain later this year.
It is worth noting that after giving Bahrain months to decide whether they were in a position to hold the race, the governing International Automobile Federation (FIA) announced that it would be rescheduled for October 30.
This cancelation would definitely take its toll on the Kingdom’s economy as the hotel and tourism, retail among other sectors would be hit.
More News
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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