Melbourne has a contract to host the race until 2010, but according to Australian media reports, Ecclestone criticised Victorian Premier John Brumby for giving the event "scant support" and said he wanted to pursue better money, sponsorship and television audiences in other parts of the world.
Ecclestone also ruled out any chance of the Gold coast taking the high profile event from Melbourne saying, “our costs are very high in Australia and we get a lot less money. It's bloody bad for us. We've got quite a few places on the list which would like to have Formula One and as it seems your guy (John Brumby) down there doesn't want Formula One, we can make him happy and make the other people happy".
The grand prix is expected to move to either India, Russia or Korea should a deal with Melbourne not be renewed.
