With India set to host its long-awaited inaugural Formula 1 Grand Prix this weekend, a consortium has revealed that it is considering investing and building a second circuit in the country.

Following years of venue discussions, the first-ever Indian Grand Prix will be held at the all-new Buddh International Circuit near the capital city of Delhi, but this new bid is proposing a F1-standard circuit to be built in Mumbai.

Mumbai was one of the venues earmarked for construction of the country's first international circuit before Greater Noida near Delhi got the nod. However, with interest in the sport growing, helped especially by the presence of the Force India team, and drivers Karun Chandhok and Narain Karthikeyan, a consortium appointed by the Maharashtra State Road Development Corporation is investigating a possible second site.

According to ESPN, the consortium is headed up by Capita Symonds and Populous, which have had dealings with the London 2012 Olympic Stadium and Silverstone.

Key to the proposal is thought to be a 'masterplan and business case for a new multipurpose race circuit and regeneration project'.

"Our appointment reflects the consortium's growing strength in masterplanning, transportation and design of some of the world's leading motor racing circuits and regeneration projects," said Capita Symonds business development director Jerry Muscroft said. "The consortium understands how large sporting projects can be 'Urban Generators' that enhance and encourage development. We will lead the way with sports master-planning and sports community generation, and appreciate how considered designs can create significant value to neighbouring areas and communities.

"We are committed to delivering the next generation of racing circuits, with great racing, over-taking, world class facilities and architecture; but above all the intention is to create a sustainable venue that will not need continuous financial support, and will facilitate investment and re-generation."


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