Korean GP racks up more big losses


SEOUL (Reuters) - The Korean Grand Prix racked up substantial operating losses last month, the third year running it has finished in the red, but organisers say the race will bring long-term benefits to the country.

The South Korean race, first run in 2010, returned operating losses of 39.4 billion won ($36.4 million), local media reported on Wednesday quoting race organisers.

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