London GP would be too expensive - Ecclestone

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Bernie Ecclestone, the Formula One supremo, ruled out a London Grand Prix talking to the Red Bulletin on Friday. According to Ecclestone, the street-race in Britain's capital city would be too expensive.

Ecclestone said: "I spoke about it with the mayor a couple of years ago, I think. He was very supportive. But we came to the conclusion that it would be too expensive."