Formula 1 could be heading to the Western Cape under ambitious 2031 plan

South African mining boss makes big push for F1 bid in Cape Town

A consortium led by Sibanye-Stillwater CEO Neal Froneman has appointed Rothschild & Co to drive a R2 billon Cape Town Formula One bid.

Formula 1 could be heading to the Western Cape under ambitious 2031 plan

A Formula 1 race in South Africa could be one step closer to becoming a reality, with plans now formally on the table for a major new circuit in the Swartland, Cape {town} Etc reports. Blue Mountain Racing (BMR) has confirmed its intention to develop a world-class Formula 1 Grand Prix in the region, with the ambitious project targeting 2031... Read more →

Business heavyweights look to bring Formula One back to South Africa

A group of SA business heavyweights has appointed global investment bank Rothschild & Co. to advise on a proposal to bring Formula One back to South Africa.

SA's F1 Grand Prix bid gains Rothschild backing as Cape Town targets 2031 return

Africa has not hosted a Formula 1 Grand Prix since 1993, when Kyalami last appeared on the championship calendar

Froneman hires Rothschild for R6.7bn F1 bid

A CONSORTIUM fronted by former Sibanye-Stillwater CEO Neal Froneman is working with Rothschild & Co on a bid to bring Formula One racing back to South Africa, Bloomberg has reported. Froneman, mining executive Srinivasan Venkatakrishnan and Webber Wentzel’s Robert Appelbaum are planning a R6.7bn motorsport complex in the Swartland region north of Cape Town, businessman […]

Swartland F1 Bid: Blue Mountain Racing Targets Western Cape Grand Prix for 2031

Gentlemen, start your engines: high-octane motorsport could be preparing to make its grand return to the Western Cape, as a proposal for a world-class Formula 1 Grand Prix gathers speed. In a strategic project proposal aimed at putting South Africa back on the global motorsport calendar, Blue Mountain Racing (BMR) has unveiled preliminary plans to […]