Officially confirmed that a bid to turn the 2012 Olympic Stadium in London into a Formula 1 Grand Prix venue. London Legacy Development Corporation has published that the F1 Grand Prix circuit with three other plans have submitted bids to use the Olympic Stadium in the future.
Following weeks of rumor about the plans of holding a Formula 1 circuit around the Olympic Park, beginning discussion about using the stadium as a circuit took place among F1 boss Bernie Ecclestone and Intelligent Transport Solutions Ltd last month.
Statement read: “Following an extension to the bidding period, the Legacy Corporation can today reveal that it has received four bids for the venue. “
“Bids from West Ham United, Intelligent Transport Services in association with Formula 1, UCFB College of Football Business, and Leyton Orient will now be assessed to ensure they are compliant, before being evaluated ahead of negotiations.”
Speaking to the Telegraph at the time, F1 boss Ecclestone said: “This is a firm that happened to be bidding for use of the stadium, not to own it. They came up with a scheme whereby Formula 1 would race around the stadium, inside it, outside it. They wanted to make sure I would be interested.”
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