Korean Grand Prix
The Grand Prix of Korea was held in the Formula 1 2011 season to the Formula 1 2013 season annually as race of the Formula 1 World Championship in South Korea. As the Korean International Circuit racetrack serves. The event was actually a seven -year contract, but made solely with the host in 2013 26 million U.S. dollar loss and wanted to renegotiate the contract. Since there was no funding in South Korea, the audience response was too low and there was also too few hotels near the track, a waiver of that race of the FIA was announced.