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Sheikh to bring F1 to Bulgaria?

Bulgaria's misfiring plans to attract F1 could be on the point of rescue thanks to a deal with Abu Dhabi.
A former military airbase could be transformed into Bulgaria's first F1-ready motorsport facility, if the plans of an unnamed member of the Abu Dhabi royal family come to fruition.

According to Bulgaria's Standart newspaper, an 'economic co-operation agreement' has been signed by national economy minister Traicho Traikov and Mohammed Abdul Jalil al Blouki, a senior representative of Abu Dhabi's state-owned Emirates Associated Business Group (EABG), to transform the former Dobroslavtsi airport into a facility worthy of attracting motorsport's biggest draw.

The report claims that Bulgaria will contribute 320 hectares of land - worth approximately E180m - to the project, which will be funded entirely by money from Abu Dhabi, the latest addition to the F1 calendar until Korea makes its bow in October this year.

Bulgaria has made no secret of its desire to join former Eastern Bloc comrades Hungary and, potentially, Russia on the F1 schedule, but initial plans to build a compatible circuit, revealed in mid-2009, appeared to have bitten the dust when the true cost of construction became apparent and those behind the scheme were found wanting.

Russia is among the countries being touted as possible additions to the F1 calendar but, like Bulgaria, has yet to construct a suitable venue. Korea joins the schedule this year, with India tabbed for 2011 and a return to the USA pencilled in for 2012.

Tagged as: calendar , Bulgaria , dobroslavtsi

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EABG - Unregistered

December 28, 2010 4:17 PM

This is to inform the General Public that Mr. Raid Abu Hudra was working at EABG as a CEO and his services were terminated by the shareholders and now he is no longer working with us and has nothing to do with us. If anybody has any disputes related to that individual then please contact us within 15 days of publishing this notice after that we will not be responsible/liable for any kind of dealing/dispute with the above mentioned person by anybody.

Lumar - Unregistered

September 17, 2010 8:26 PM

This was a great disappointment for our people and we are not happy at all with the way this investor acted with our government. And to the big liar Raid Abu Hudra: you have not even an ounce of honesty or dignity in you. You are the perfect example of Arab swindlers trying to make it up in the global market. Why don’t you just shut your pie hole and keep quiet better than wasting our time and your employer's money posting comments online. You must be having a lot of free time to waste online. I think the shareholders of EABG must be really very naive or bluntly stupid to have hired such a compulsive liar incompetent idiot like Raid Abu Hudra!

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