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AUSTRALIA has secured the rights to host the F1 Grand Prix in Melbourne until 2015, with a new evening start to reach a greater television audience overseas, officials said Friday. The race at Melbourne's Albert Park will start 90 minutes later at 5:00 pm (0600 GMT) from next year after a new contract was signed with Formula One bosses overnight, Victorian Premier John Brumby said. “Next year's later start time will mean even greater television audiences in the United Kingdom, Asia and European markets, which means more exposure for 'brand Melbourne' than ever before,” Brumby said. The new timing is an apparent compromise following pressure from F1 chiefs for Australia to hold the race at night to suit European TV audiences. The event had been in danger of being handed to Russia, India or Korea. The Victorian state government... [read full story]
