News Details

Tunisia turn to cryptocurrency in bid to host grand prix

Ambitious plans to build a grand prix track amid a purpose-built city in Tunisia have been revealed, with organisers targeting to host a race at the venue in 2021 with innovative cryptocurrency financing methods to raise the $500-million to make the dream come true. Africa has not hosted a Formula 1 race since the 1993 South African Grand Prix. The project in Tunisia is led by Bitrace Investments which reports on its website: 'Bitrace Investments Limited is a British investment company based in London, UK, which is a member of KJ Holdings Corp. ' 'The company is in process of developing the Tunisia Racing F1 City project, this project consists in building an integrated sports compound...
Full Story »
7y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Rosberg: Kubica's race dream is not over

Despite only landing a reserve role with Williams, Robert Kubica's dream...
7y ago from PlanetF1.com

Robert Kubica’s race dream still alive – Rosberg

Nico Rosberg insists Robert Kubica's dream of returning to the formula one...
7y ago from ThisIsF1.com

FOX Sports LatAm strikes new Formula 1 broadcasting...

Formula 1 will be broadcast on FOX Sports Latin America in 19 countries...
7y ago from MotorsportWeek.com

Kubica could ‘maybe' race for Williams in 2019

Robert Kubica's dream of racing in F1 is not over with Paddy Lowe...
7y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Mick Schumacher set for IndyCar test with RLL

Rahal Letterman Lanigan Racing has announced that it will bring in Mick...

Andretti hires ex-Penske director Ron Ruzewski as...

Andretti Global announced on Wednesday that it has hired Ron Ruzewski as...

Popular On TotalWRC.com

Hyundai WRT on the attack

Hyundai Shell Mobis World Rally Team is not taking their 2025 drubbing at...

Popular On GunnersToday.com

Saka strike seals Arsenal win over Olympiakos

Arsenal made it two wins out of two in the Champions League as Bukayo...
39m ago from SkySports.com

Report: Liverpool, Arsenal and Chelsea set to battle...

Barcelona defender Ronald Araujo has been linked with a move away from the...
1h ago from CaughtOffside.com

Arsenal v Olympiacos – live blog

Join us for live blog coverage of our Champions League clash with...
3h ago from Arseblog.com

'Arteta would rather bench his own dad than bench him'...

Arsenal fans have been left feeling unhappy by the decision of manager...
3h ago from SportsKeeda.com

Comments

Hottest News

F1 game set for uncertain future after EA announcement

The future of the beloved F1 games franchise has... Read More »
59m ago from GPFans.com

Lewis Hamilton absence confirmed at Singapore GP as Ferrari...

F1 legend Lewis Hamilton has not been selected to... Read More »
2h ago from GPFans.com

Cadillac sign former F1 driver to key role

The former Haas F1 driver has been signed to a... Read More »
7h ago from RacingNews365.com

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.