The Mall could see F1 action in future, photo by Oliver Brichez

The Mall could see F1 action in future, photo by Oliver Brichez

Despite little signs of government backing Bernie Ecclestone looks to be pushing ahead plans for a London Grand Prix, and he says the idea is no joke; Mr Ecclestone  has confirmed he would waive the standard $35 million fee to hold the race, though the fee does vary from race to race already with Monaco the only other Grand Prix to pay no fee.

 

There are perhaps two sites that we know of as potential venues in London, though Mr Ecclestone may have others in mind or be looking for other options. One site is at the Olympic Park with a race in and around the Olympic Stadium which would benefit from the infrastructure in place around the park. A company has put forward a plan to hold this race both to the Olympic Legacy organisation and to the Formula One Management and Mr Ecclestone.

 

The other venue is a street race in central London, a fantasy circuit was put together by potential sponsor Santander, but as Joe Seward points out on his blog  the UK government would have to pass an act of parliament to allow a street race and elements of the Santander fantasy London Grand Prix  layout look impractical, not least passing through Admiralty Arch single file.

 

There are however also the issues of closing many of central London’s roads for several weeks to setup the track and take it down again, the delays would be far more severe than with the road closures and partial closures for the 2012 London Olympics that will affect similar roads such as the Mall and of course rather than one offs the Grand Prix would presumably be an annual event, though a one off Grand Prix might be more practical; the Olympic Park circuit would have no such problems of course.