Geneva motor show – Jump edition 2021, this is for the sale of the format

The Foundation of the Salon International de l’automobile, which until now was responsible for the organization of the Geneva motor show, not to organize the edition 2021. Following the cancellation of the event this year because of the emergency coronavirus and the financial consequences are derived, the association led by Maurice Turrettini has announced its intention to divest the rights of the event. To weigh in on the decision was the uncertainty expressed by most of the automotive companies on the possible participation in a new edition of the show the swiss before 2022. In addition to this, given the unpredictability of the evolution of the pandemic, there are no guarantees as to the actual ability to open to the public in just nine months, an event that in recent years has attracted more than 600,000 visitors from all over the world.

The format will be sold at the Palexpo. During a press conference organized within the Palexpo, which was broadcast live online streaming, the Foundation has announced not to want to occupy in the organization of the next edition of the show and want to promote the sale of the format to the company that manages the fair of Geneva. The goal is to find a solution that will enable the development of what is currently the largest public event in Switzerland. This decision follows that of not wanting to accept the loan of chf 16.8 million (15.7 million euros) approved by the Grand Council of Geneva in the past few weeks: thanking the authorities for the confidence granted, the Foundation has not considered the terms of the loan as a guarantee of long-term financial stability. Already in the month of June of the next year, in fact, the association would have to return a million of francs to the Canton of ticino in switzerland.

Source: Quattroruote.en – Edited by Anthon K.