Ecclestone offers to pay for London grand prix
- Published on 28 Jun 2012 12:15
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- By: Rob Veenstra
The Times reports that 81-year-old Ecclestone is prepared to put up almost $55 million to organise a street race around famous landmarks including Buckingham Palace, Trafalgar Square, Big Ben and Nelson's Column. Other British media reports say the plans will be unveiled later on Thursday.
"Think what it would do for tourism," Ecclestone said. "It would be fantastic, good for London, good for England -- a lot better than the Olympics." Mayor of London Boris Johnson's office did not immediately comment. Ecclestone continued: "With the way things are, maybe we would front it and put the money up for it. If we got the okay and everything was fine, I think we could do that." (GMM)
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