Following much discussion within and outside of Greece as to whether Greece should even be considering a Grand Prix given its financial situation let alone whether such a project is viable in terms of interest within the country, a plan has been submitted.
Kostas Tzavaras a Greek Member of parliament has been ones of the countries politicians to put his support behind the race which organisers believe will actually boost the economy and pay for itself bringing in tourists. Mr Tzavaras has been quoted as saying in reference to the race: “The priority of the government has to be the creation of instruments, which will help the country’s development “.
It certainly seems that Greece will need tourists to attend the race in a country with no history in F1 the track is set to be at Piraeus Athen’s main port to the south of the city the hope would be fans would stay in the city, go to the nearby beaches along the coast or they could get a ferry from Piraeus itself which is the main gateway to Greece’s many islands with their holiday resorts.
The circuit would be likely to have some resemblance to the Valencia circuit, also based around a harbour and not a permanent track though Valencia has, until this year at least, failed to create exciting races and has also failed to bring in enough spectators. Nearby Turkey has also struggled to make F1 work in a country with no historical link to the sport of famous drivers and the Turkish Grand Prix is no longer on the calendar and the Istanbul Park Circuit rarely used.
Not being a permanent circuit the investment required would be less, though the cost per race thereafter would remain high, the decision now though is in the hands of Bernie Ecclestone and Formula One Management as well as the FIA who now have the full plans put together by architect Thanasis Papatheodorou, meaning this could be the first new circuit for several years not to be designed by Hermann Tilke.