Ambitious new plans have been outlined for Formula 1 to stage a London Grand Prix – but it doesn’t look likely to go ahead anytime soon.
A Formula 1 (F1) racing track was pitched as part of plans to turn Royal Docks in east London into an exciting waterfront destination.
The ambitious project was suggested by planners and consultants from consultancy firm Dar and environmental group LDN Collective – but it has been rubbished by F1 officials.
The imagined circuit would see cars speeding down the waterfront along the Royal Albert and Royal Victoria Docks, before turning around the ExCel Centre.
The route put forward is a 3.64-mile stretch which has been mapped out to ‘maximise overtaking’.
It consists of 22 corners and an average speed of 127mph and compared by designers to Circuit de Gilles-Villeneuve in Montreal.
Proposals first reported by The Times show floating units that could form grandstands would be capable of holding 95,000 spectators.
Talks have reportedly been held with Liberty Media, which has owned F1 since 2017, as well as the Greater London Authority which owns most of the land.
However, a source from the international racing brand has insisted ‘no proposal has been received and no discussions have taken place’.
A F1 spokesperson told Metro.co.uk: ‘There are no plans for a Docklands Grand Prix.
‘We have a long-standing relationship with Silverstone.’
Despite this, Max Farrell, chief executive of LDN Collective, said: ‘There’s a general level of support for the idea.
‘Obviously, there’s a lot to work through in terms of the practicalities and the planning.
‘But if the political will is there, we believe that this is a very credible and deliverable proposition.’
Developers say they are keen to build something that will bring people to the area throughout the rest of the year.
The plans would turn the east London site into a hub for sports and recreation, with cycling tracks, playgrounds and tennis courts included.
There are 22 ‘revenue-generating units’ outlined, including areas with bars, restaurants and hotels worked into designs.
Dan Horner, DAR’s director of planning and urban design, added: ‘We’ve spoken to investors and we’ve put something to them that we think will be appetising to them.
‘We’ve done financial models which show a healthy rate of return [for investors]. We identified a need in London for more leisure and entertainment destinations. The Royal Docks is just a perfect location.’
Developers believe if officials like the plans, a F1 Grand Prix in London could be on the cards as early as 2026.
It wouldn’t be the first time Docklands has hosted motor racing, as Formula E has previously held events on an indoor and outdoor circuit beginning at ExCeL London.
Get in touch with our news team by emailing us at firstname.lastname@example.org.
For more stories like this, check our news page.