💨 Abstract

South Africa is seeking to host a Formula 1 Grand Prix, with the Department of Sport releasing an Expression of Interest. However, potential bidders must submit a non-refundable deposit of R10 million, potentially limiting contenders. A new group has emerged with a West Coast GP bid, competing against Kyalami and Rwanda. The Cape Town Grand Prix SA is also preparing a bid for a street race in Green Point.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖