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‘CT Formula One bid needs govt. backing’

The international consultant for a consortium bidding to bring Formula One to Cape Town on Thursday said...

Formula One supremo Bernie Ecclestone. Picture: Gallo Images/AFP

The international consultant for a consortium bidding to bring Formula One to <city w:st="on"><place w:st="on">Cape Town on Thursday said the race cannot be staged without government's backing.

Cape Town Grand Prix South Africa says the next step is a meeting with the sports minister.

Formula One boss Bernie Ecclestone exclusively told Eyewitness News they are targeting a race on the 2013 calendar.

However, Motorsport consultant Paul Turner, who is negotiating with Ecclestone, said a race in 2014 is more likely.

"I think it's very unlikely that any contracts should be signed in the next three weeks," he said. "I think there's a fantastic opportunity for there to be a Grand Prix in the city, I would say within the next three years."

Timeline

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