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Tunisia turn to cryptocurrency in bid to host grand prix

Ambitious plans to build a grand prix track amid a purpose-built city in Tunisia have been revealed, with organisers targeting to host a race at the venue in 2021 with innovative cryptocurrency financing methods to raise the $500-million to make the dream come true. Africa has not hosted a Formula 1 race since the 1993 South African Grand Prix. The project in Tunisia is led by Bitrace Investments which reports on its website: 'Bitrace Investments Limited is a British investment company based in London, UK, which is a member of KJ Holdings Corp. ' 'The company is in process of developing the Tunisia Racing F1 City project, this project consists in building an integrated sports compound...
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6y ago from GrandPrix247.com 0
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