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Summer Sun

London Grand Prix

London GP  

11 members have voted

  1. 1. Would you be in favour of the London GP

    • Yes
      7
    • No
      4
    • Not sure
      0


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Formula 1 chief Bernie Ecclestone has reportedly offered to pay to stage a London Grand Prix.

According to The Times, Ecclestone is prepared to promote the event. It is reported that the route would pass some of London's most famous landmarks, including Buckingham Palace and Trafalgar Square.

The newspaper, which put the cost of staging the grand prix at £35million, claims marketing experts predict that the race could generate at least £100million for the London economy from spectators and tourists.

Ecclestone, who has long harboured hopes of holding a race in the capital, said: "With the way things are, maybe we would front it and put the money up for it. If we got the okay and everything was fine, I think we could do that...It would be fantastic, good for London, good for England - a lot better than the Olympics."

Plans for a London Grand Prix are set to be unveiled at the Royal Automobile Club on Pall Mall on Thursday night.

Ecclestone, who controls the sport's commercial rights, is scheduled to attend along with F1 stars Jenson Button and Lewis Hamilton.

A four-minute video will highlight the proposed route, with Button and Hamilton then scheduled to go head to head around the track in a 3D CGI simulator.

Proposals for another London race, this time on the Olympic Park site in Stratford, were reported at the weekend.

http://www1.skysport...backs-London-GP

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An extract fro the Times article.

Experts believe that as many as 120,000 spectators would watch the race from grandstands on the 3.2-mile route with tens of thousands more drawn to the city centre, generating as much as £100 million in spending for the London economy.

Mr Ecclestone said that he was prepared to promote the race, which is likely to be staged in the summer, with Formula One picking up the bill — a unique offer in an era when governments queue to buy the rights to stage a grand prix for up to £30 million per race.

Even though the cost of staging the event would run to millions of pounds, the event would be so popular that it would pay for itself, Mr Ecclestone said.

“Think what it would do for tourism. It would be fantastic, good for London, good for England — a lot better than the Olympics.â€

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Not another street circuit please! We have enough dull races, where only an accident can liven things up, whilst at the same time, the great races on the great tracks like Spa are under threat.

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