The 2009 F1 Chinese Grand Prix successfully crowned another winner on Sunday, but its future in China after 2010 remains a question mark. To be or not to be for Formula 1: here's more on the story.
During the past week, this was paradise for Formula One fans. They came to the Shanghai International Circuit to enjoy the annual motorsports event.
Besides the fantastic F1 race, the improvement in infrastructure and service here also won their approval. A brand new cafe street was set up in 2008 to solve food supply issues. Food with Taiwanese flavor attracted many spectators this year.
But the fans may not know that the contract between Shanghai and the F1 management company will expire in 2010. And the two sides have not reached a deal to extend the contract so far.
Chinese F1 fans said, "I think it takes time to cultivate the market in China. After all, we have a big population and most of them are racing fans."
"I hope it can be extended for ten years. Why not construct another circuit in Beijing?"
"I hope Zhuhai will have the chance to host the event."
Apart from Chinese fans, many overseas media are also following the process of the issue.
The main problems puzzling Shanghai include the sponsors, the huge expenditure and challenges from other Asian cities. The 2010 Chinese GP will become F1's finale in China if a deal cannot be reached before the announcement of the 2011 F1 schedule.
(CCTV April 21, 2009)
