Thursday, 27 January 2011

CAPE TOWN'S FORMULA ONE BID HITS MAJOR HURDLE

Cape Town's bid to bring Formula One back to South Africa hit its first major hurdle with only a few days of making their plans public. It was announced by the local tourism authority that a full impact assessment needs to be carried out before any agreement can be made with Formula One Management (FOM). 


Igshaan Amlay has been working on his proposal for 15 years and it consists of creating a street circuit with elements similar to the Monaco Grand Prix. He claims that building a street circuit instead of a permanent track is the cheaper option, however with that said, the 5.3km track does feature a section travelling through a $600m stadium, a layout similar to the Race of Champions at Wembley. 
Amlay has been in constant communication with FOM since the end of 2009 and has made 'significant progress' with Mr Ecclestone. They both arranged to meet up in 2010 to discuss the proposal, however the South African government was too focused on the FIFA World Cup and the meetings had to be postponed.
"But, the 2010 World Cup has now allowed Mr Ecclestone to evaluate a major event in South Africa and we hope to secure a meeting with him before the grand prix season."

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