2015 SA Bike of the Year: Vote and win!

Enter our 2015 SA Bike of the Year competition and you could win one of three R500 shopping vouchers!

Win a LED 3D smart TV

Stand a chance of winning a Samsung UA55H8000 Smart 55 inch Curved LED TV valued at R20 000 from Save Hyper!

Greece to build F1 circuit

2011-05-11 11:06

GREECE GRAND PRIX: F1 could be heading to Greece for a Grand Prix event in the near future

Greece has approved plans for a Formula 1 circuit to be built near Patras, 200km west of Athens.

The Ekathimerini publication said the facility will cost almost €100m, and the development ministry confirmed in a statement that it "will be able to host formula one cars".

The project must still be approved by parliament but could be ready to host races within 36 months, and according to Bloomberg will create almost 500 jobs.

The project will be managed by private investment company Racetrack Patras SA, with the state providing a nearly €29m subsidy.

NEXT ON WHEELS24X

Inside Wheels24

F1 doesn't need 'big changes' - Todt

Bernie Ecclestone said that the way F1 is structured means that he and FIA president Jean Todt could make major changes, so long as the latter is on board...

There are new stories on the homepage. Click here to see them.