Just recently, conference has been scheduled at the Fairmont hotel, which is devoted to the issue of financial inflows due to holding sporting events in the country.
Participation of General Director of "Formula-1", Minister Azad Rahimov and other important persons in the sport and business sectors are expected.
The Conference will discuss the possibility to use "Formula-1" for promotions of the brands etc.
There is a possibility that besides the above-mentioned, the question on extension of the contract between Azerbaijan and "Formula-1" will be discussed as well.
Both parties have signed the present contract for 5 years with the further possibility for extension.