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City welcomes potential F1 bid but still awaiting bid proposal




STATEMENT BY COUNCILLOR GRANT PASCOE, MAYORAL COMMITTEE MEMBER FOR TOURISM, EVENTS AND MARKETING ON HOSTING THE F1 GRAND PRIX

by Grant Pascoe on Thursday, 07 July 2011 at 17:18

I have noted the speculation around hosting the Formula One Grand Prix in Cape Town. The possible hosting of the event is in line with this administration’s goal to establish Cape Town as the events capital of South Africa.

Events of this magnitude bring huge benefits for all Capetonians in the form of tourist Rands spent in our city, increased exposure, and investment in the city.

I look forward to working with all of the relevant stakeholders who will be instrumental in bringing the world’s premier motorsport event to Cape Town, should the plans to host the event succeed.

However, there is a long road ahead before this can be realised.

The City has not yet been approached with a proposal to host the Formula One Grand Prix in Cape Town. We will only consider the prospect of hosting the event once we have been presented with a proposal.

The proposal will then have to go through all Council processes, including public participation, to ensure that the views of the local residents are taken into consideration.

We will also have to partner with the Provincial and National governments to make this dream a reality.

End

Issued by: Communication Department, City of Cape Town

Media enquiries: Councillor Grant Pascoe, Mayoral Committee Member: Tourism, Events and Marketing, City of Cape Town, Tel: 021 400 1346 or Cell: 082 748 3998 

Gert Bam, Director: Sports & Recreation, City of Cape Town, Tel: 021 400 5190 or Cell: 084 222 1242