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

Colton Herta ‘would love to be back’ for another...

Colton Herta still has a desire to compete in next year’s Indianapolis...
19h ago from MotorsportWeek.c...

Marco Andretti retires from IndyCar after 20 seasons

Marco Andretti announced his retirement from motor racing on Wednesday,...

Mark Miles teases possible non-championship...

IndyCar is largely considered a North American championship, with races...

Popular On TotalWRC.com

Popular On GunnersToday.com

Burnley preview :: Fixture congestion not just a...

Good morning. It's a trip to Burnley today, the first of three away games...
2h ago from Arseblog.com

Insane stat has Arsenal on course to break Chelsea...

Arsenal are currently conceding just 0.25 goals per game in all...
2h ago from CaughtOffside.com

Erling Haaland stat is a bigger worry than Arsenal's...

Much has been made of Arsenal being overly reliant on goals from set...
3h ago from CaughtOffside.com

Arsenal oppose Crystal Palace’s ‘unfair’ request...

t;li>Original 16 December date could change to 23 DecemberPalace set to...
12h ago from TheGuardian.com

Comments

Hottest News

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.