Bulgarian GP proposal gaining momentum 02/11/2010 |
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Plans are gathering pace for a Bulgarian Grand Prix to feature on the Formula 1 calendar, possibly as soon as 2012.
According to the head of the south-east European country's motor racing federation, Bogdan Nikolov, a race contract could be signed as early as this month.
The idea of a Bulgarian Grand Prix is nothing new, with F1 chief Bernie Ecclestone having met with the country's economy minister for discussions at Monza earlier this year.
If talks with a funding consortium reportedly comprising Arab, US and Canadian companies and the Government go well, Ecclestone could travel to Sofia to sign the contract between November 15 and December 15.
"We have created a project that meets the requirements of both FIA and [MotoGP governing body] FIM," Nikolov said.
He added that the circuit will bid to host both Formula 1 and MotoGP races.
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