JOURNAL ARTICLE

Grand Prix Track Owner in South Africa Plans Upgrade Amid F1 Bid.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Prinsloo, Loni 3 of 3

Abstract

The article focuses on the planned $10 million overhaul of South Africa's Kyalami Grand Prix Circuit as the country aims to host its first Formula 1 race in 30 years. The upgrades are necessary to achieve grade 1 accreditation from the Federation Internationale de l'Automobile and will include enhanced safety features and improved spectator amenities. Kyalami's owner, Toby Venter, emphasizes the importance of government support and sponsorship to secure the bid, as South Africa competes with other African nations for the opportunity to host a Formula 1 event. The last Formula 1 race in South Africa took place in 1993, and the country is leveraging its existing infrastructure from the 2010 World Cup to bolster its proposal. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/06, pN.PAG
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2025
  • Accession Number:186013425
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