The French Grand Prix, held four years ago, resulted in a loss of approximately €36 million in public funds, according to a report released Wednesday by the regional chamber of accounts. The report heavily criticizes the event’s management by a now-dissolved public interest group (GIP). The findings detail significant financial shortcomings and questionable decisions regarding the allocation of taxpayer money. This follows a period of escalating demands and costs associated with hosting the Formula 1 race. The report suggests the event was financially unsustainable due to exorbitant expectations and potentially unrealistic financial projections. The GIP responsible for organizing the race has since been disbanded following the audit’s revelations. The substantial financial loss raises concerns about the oversight of large-scale sporting events funded by public money.