The Ukrainian capital of Kiev have unveiled plans for a new motorsport circuit with an intent to host a Formula One Grand Prix in the country in the coming years.
Anatoliy Prysiazhniuk, malady head of the state administration department stated that the city will spend US$1bn on the construction of a new 5.2 kilometre circuit at the start of the New Year. The project will begin with target completion date set in 2013 for the track which will be situated on 100 hectares of land on the fringes of the capital.
In an interview with the Kyiv Post, Prysiazhniuk stated: “We will build an international track in the Polissia and Ivankiv districts in order to host international competitions. I saw the project, and experts from Europe assessed it.”
He added: “The project was drafted by a person from Denmark who built the tracks in the (United Arab) Emirates, Singapore and other countries. The track will meet all modern requirements.” According to reports, the development will also include a number of hotels and comes as the country look to further enhance their sporting profile after being awarded with the joint hosting of the UEFA European Championships with Poland.