Croatia Join List of Formula One Hosting Hopefuls

March 9, 2011

According to Croatian daily newspaper, Vecernij List, the nation has become the latest in a long line of hopefuls linked with hosting a Formula 1 race. 

The newspaper claimed that the project is being planned for just outside the country’s capital, Zagreb, and has the support of the FIA, Bernie Ecclestone and favoured track designer Hermann Tilke. 

According to the report, the project has an estimated budget of US$346.7m, which will wholly come from private investors, and would take more than 18 months to complete.