China nets six-year GP deal

Formula 1 is heading to the most populous nation on earth, China, after FIA president Max Mosley confirmed that the new Shanghai facility will host the Chinese Grand Prix from 2004 to 2010

China nets six-year GP deal

Speaking at the official opening ceremony of the 'Shang' circuit, Mosley praised the efforts of the Chinese authorities and their commitment to producing a world class racing facility, which will attract substantial foreign interest and investment.

"Formula 1 is the biggest annual global sporting event - and it has been my ambition since becoming FIA President, that Formula 1 should have a home in the world's largest nation - that ambition will be realised in 2004 when the world of Formula One will arrive in Shanghai," he said. "Let me thank everyone involved in this project, including the Motorsport Federation of China and say how much I look forward to returning in 2004 for the first Formula 1 Grand Prix of China in Shanghai."

The 5.44km track has been designed by Hermann Tilke, and will resemble the Chinese character 'shang'. It will cost an estimated $244 million, accommodate 200,000 spectators and should be completed in March 2004.

shares
comments
Pay Schumacher Less, Ecclestone Tells Ferrari

Previous article

Pay Schumacher Less, Ecclestone Tells Ferrari

Next article

Byrne Warns Against Weight Penalties

Byrne Warns Against Weight Penalties
Load comments
The key details that boosted Red Bull and held back Hamilton in Verstappen’s USA victory Plus

The key details that boosted Red Bull and held back Hamilton in Verstappen’s USA victory

As the 2021 Formula 1 title battle winds towards its climax, the United States GP added another thrilling act in the Lewis Hamilton-Max Verstappen battle. Although Hamilton aced the start, Verstappen and Red Bull took the initiative with strategy and were richly rewarded, despite Mercedes' best efforts as the race went down to the wire

US Grand Prix Driver Ratings Plus

US Grand Prix Driver Ratings

On a baking hot afternoon at the returning Circuit of the Americas, Formula 1 drivers were tested to their limits. As the pressure on the title contending squads reaches an ever-greater level of intensity, the foremost challengers again showed their class, but were outshone by a standout drive from the upper midfield

Why F1's misunderstood party animal will thrive in retirement Plus

Why F1's misunderstood party animal will thrive in retirement

Three years on from Kimi Raikkonen's last Grand Prix victory at Austin, he is now six races away from ending the longest Formula 1 career in history. His friend and former Ice1 Racing rally team PR man ANTHONY PEACOCK explains why there’s nobody quite like the 2007 world champion and why F1 will miss him (but he won’t miss it)

Formula 1
Oct 24, 2021
The 10 greatest drives of lost legend Jo Siffert Plus

The 10 greatest drives of lost legend Jo Siffert

It's 50 years since Jo Siffert was killed in his prime at Brands Hatch. The Swiss scored just two world championship wins in a Formula 1 career spent largely with privateer teams, but showed on numerous occasions in single-seaters and in sportscars with Porsche that he could beat any of the best drivers of his era given the right equipment

Formula 1
Oct 24, 2021
Verstappen exclusive: How Red Bull’s ace has become F1 champion material Plus

Verstappen exclusive: How Red Bull’s ace has become F1 champion material

As Red Bull and Honda go all-out for victory in the Japanese engine manufacturer’s last season of its latest Formula 1 dalliance, Max Verstappen finds himself thrust into a compelling title fight with Lewis Hamilton. He told OLEG KARPOV about his evolution into a world championship contender and why Red Bull's no compromise ethos suits him down to the ground

Formula 1
Oct 23, 2021
How Mercedes went from Austin practice domination to "very tight at the front" with Red Bull Plus

How Mercedes went from Austin practice domination to "very tight at the front" with Red Bull

Mercedes has been on a roll of late in the ultra-tight fight to win the 2021 Formula 1 world championship. It started off well in practice at Austin for this weekend’s US Grand Prix, but Red Bull got closer as Friday unfolded and even seemed to find an edge in one critical area of what seems set to be another close contest

Formula 1
Oct 23, 2021
The six critical factors that could hand F1 2021 glory to Hamilton or Verstappen Plus

The six critical factors that could hand F1 2021 glory to Hamilton or Verstappen

The 2021 Formula 1 title battle is finely poised with six races remaining, as just six points separate championship leader Max Verstappen from seven-time champion Lewis Hamilton. In such a closely-fought season, the outcome could hinge on several small factors playing the way of Red Bull or Mercedes

Formula 1
Oct 22, 2021
Can Whitmarsh appointment help Aston succeed where its F1 rivals failed? Plus

Can Whitmarsh appointment help Aston succeed where its F1 rivals failed?

Aston Martin owner Lawrence Stroll is determined to make the group a billion-dollar business. MARK GALLAGHER analyses his latest play – bringing former McLaren team principal Martin Whitmarsh into the fold

Formula 1
Oct 22, 2021