Business News > Report: Denmark to host maiden Grand Prix
A consortium backing a Formula One Grand Prix in Denmark is reportedly in advanced talks with the open-wheel series' bosses.
According to specialist industry outlet AutoSport, the proposed circuit - which would be added to the 2020 Formula One calendar - would run through Copenhagen's city centre and riverfront, as well as crossing the city’s two major bridges.
The financial backing for the race is believed to be coming from a group led by the former Danish Minister of Science, Technology and Development Helge Sander and Lars Seier Christensen, the ex-owner of Saxo Bank. Sander recently met with Chase Carey, chief executive of Formula One, during the Singapore Grand Prix.
AutoSport further understands that the project has received support from the Danish government, Denmark’s royal family and the Copenhagen city government. It must, however, find private funding to make the project viable.
"We have had some very positive meetings with Formula One management and my feeling is that they would love to have a grand prix in Copenhagen,” said Sander.
There are currently four Nordic drivers in F1 - Dane Kevin Magnussen, Swede Marcus Ericsson, as well as Finland’s Kimi Raikkonen and Valtteri Bottas - but Denmark has never host an official round of Formula One to date.