Greek gov't to subsidise F1 track

Greek atmosphere
Greek atmosphere

Photo by: Citroën Communication

Oct.2 (GMM) Greece has set aside almost EUR 30 million to subsidise the construction of a Formula One circuit, the country's development ministry said.

Bloomberg reports that, despite Greece's deep economic woes, the track will be built near the western port city of Patras at a total cost of just under EUR 95 million.

Private investment company Racetrack Patras SA will oversee the project, journalist Paul Tugwell wrote.

Write a comment
Show comments
About this article
Series F1
Article type Breaking news
Tags greece, patras

User photos

sleboz
F1

sleboz

4 photos
EuroRacer
F1

EuroRacer

45 photos
Josefine Lißner
F1

Josefine Lißner

1 photos
hanmerdesign
F1

hanmerdesign

9 photos
Evan_DeCiren
F1

Evan_DeCiren

30 photos
colfox72
F1

colfox72

1 photos
gillfoto
F1

gillfoto

1 photos
akazoinho
F1

akazoinho

4 photos
Upload photo