South African mining tycoon Neal Froneman to spend $402 million turning a 600-hectare farmland into a Formula 1 circuit to bring racing back to the country by 2031
- Blue Mountain Racing has secured about 600 hectares in Swartland, near Cape Town for a proposed Formula One standard Circuit and wider hospitality, entertainment and property development.
- The proposal remains at the pre-feasibility stage and has not yet secured a Formula One race, but if successful it would mark South Africa’s
Unverified
- Blue Mountain Racing has secured about 600 hectares in Swartland, near Cape Town for a proposed Formula One standard Circuit and wider hospitality, entertainment and property development.
- The proposal remains at the pre-feasibility stage and has not yet secured a Formula One race, but if successful it would mark South Africa’s
Sources: Times of India