F1’s Challenges in African Return
Formula 1’s CEO, Stefano Domenicali, has provided updates on the ongoing efforts to host a Grand Prix in Africa, highlighting that several prerequisites need to be met before this goal can be realized.
Current Efforts for a Grand Prix
The objective to hold a Grand Prix in Africa aims to allow F1 to race on all six inhabited continents for the first time since 1993. Rwanda has expressed interest in hosting a race near its capital, Kigali. In South Africa, local authorities are also exploring opportunities to bring racing back to the continent.
The South African department for culture and sport has initiated a tender to facilitate a Grand Prix. Possible venues under consideration include a return to the Kyalami circuit, which previously hosted races until 1993, as well as a potential new street circuit in Cape Town’s Green Point, inspired by the recent Formula E event.
Guarantees for Successful Hosting
Domenicali emphasized that the process towards hosting a race is ongoing but dependent on fulfilling specific guarantees. He pointed out three essential areas: investment that benefits the local community beyond just racing, comprehensive infrastructure upgrades including accommodations and transportation, and a robust economic foundation capable of sustaining the race long-term. The organization is currently evaluating these aspects before moving forward.
Model for Future Events
Once a host country is confirmed, it would compete for a place in F1’s existing calendar of 24 races. Domenicali indicated that F1 might adopt a more proactive role in organizing this race, similar to its involvement in the Las Vegas Grand Prix, which has yielded favorable economic results.
Despite facing challenges linked to the Las Vegas event, Domenicali has noted that management improvements have enhanced the return on investment. Reports indicate that the economic boost from the Las Vegas race has exceeded that of other major local events, significantly benefiting the surrounding community.
