RSS Feed

Add to Google



ARTICLES → SPORT & FIFA 2010 → WESTERN CAPE
Sport & Fifa 2010
Initiative Launched to Build Formula 1 Race Track Near Cape Town
Cape Town - A private sector initiative to build an F1 race track near Cape Town, has been announced on Thursday
Mayoral committee member of economic development and tourism, Simon Grindrod has announced his department's support for a private sector initiative which is proposing a R4bn investment into the Cape Flats.

The proposed multi-billion rand investment will take the form of a Formula One race track, as well as a commercial and industrial park that would see thousands of jobs being created for the surrounding poorer communities.

The development envisages a site adjacent to Cape Town International Airport and includes land owned by Acsa, the city and the province.

Grindrod, whose portfolio is tasked with creating private sector investment and jobs, said: "I believe that Cape Town would benefit enormously from securing a world-class Formula 1 race track on land that largely could not be used for housing due to its close proximity to the airport.

"The fact that Bernie Ecclestone has offered such a facility to South Africa is an enormous opportunity. Cape Town and the province must waste no time in exploring the feasibility of this project before a city like Durban snaps it up."

Read the full article on www.fin24.co.za

Molo says: "Find related articles in our Sport and Fifa 2010 section. Also subscribe to our monthly newsletter for more Cape Town sporting news and events".
Sport & Fifa 2010

South Africa is on track, if not ahead of... 

FIFA President Sepp Blatter suggests South... 

'One message, many voices' is the aim of FIFA... 

South Africa is ramping up preparations for the... 

Tournament ticket packages for the U-20 FIFA... 

Dutch coach take Bafana Bafana to Fifa 2010... 

South African corporate to sign up as a... 

Mbeki's speech at the unveiling of the South... 

The second part of the impressive speech by... 

The 2010 FIFA World Cup Logo unveiled by South... 

Manchester United, Kaizer Chiefs and Orlando... 

The Red Bull Big Wave Africa at the Dungeons in... 

South Africa is the darling of this year's... 

70 000 seater design stadium for Cape Town in... 

From a 9-hole to an 18-hole, developers... 

Read the story about Team Shosholoza, the 1st... 

Nelson Mandela, Desmond Tutu and FW de Klerk... 

South Africa's first America's Cup Team... 

Coca-Cola is part of the 2010 FIFA World Cup... 

Cyclist Lance Armstrong will make his first... 


Prev | Next page

Page: 1 | 2 | 3 | 4 | 5 | 6 | 7 |  8  | 9 | 

Total : 171 | Showing : 141-20
comedy club cape town, stand up comedy cape town, comedy cape town, jou ma se comedy
Out!
Your question about What to do in Cape Town on a Thursday night this winter has just been...
° Win One of our Amazing Giveaways!    
° Introducing The Great White Shark - Part I    
° South African Goldfish Goes Global With...    
° Simonsig Wine Estate at Stellenbosch Wine...    

Kirstenbosch summer concerts 2007, kirstenbosch concerts 2007, kirstenbosch summer concerts 2008, kirstenbosh sunset concerts, line up for kirstenbosch concerts, kirstenbosh concerts 2208, concerts at kirstenbosh cape town, programme of concerts at kirste
Social
Another excellent line-up for this Year's Summer Sunset Concerts on Sundays in Kirstenbosch...
° The Amy Biehl Foundation Gala    
° South Africa's CTICC's Major Expansion Takes Shape    
° City of Cape Town Has Handed Over 3 000 Houses...    
° Pioneering Social Housing    

cape town 2010, 2010 cape town, greenpoint cape town, greenpoint 2010, 2010 world cup south africa, 2010 world cup green point
On the Move
Designing a safe, spacious and aesthetic inner city park and recreation area head of the 2010...
° Crime in South Africa    
° South Africans Unite to Solve the Power Crisis    
° Greenmarket Square Set for Facelift    
° World Heritage Sites in South Africa    

Game Reserves Cape Town, Game Reserves south africa