Greek gov't to subsidise F1 track

404 views

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

Evan_DeCiren
F1

Evan_DeCiren

28 photos
colfox72
F1

colfox72

1 photos
EuroRacer
F1

EuroRacer

44 photos
gillfoto
F1

gillfoto

1 photos
akazoinho
F1

akazoinho

4 photos
Tim Holmes
F1

Tim Holmes

25 photos
jimmykwoods
F1

jimmykwoods

2 photos
nickmossdesign
F1

nickmossdesign

1 photos
Upload photo