Bulgaria plans formula one track

Mon, 18 September 2006, 11:42

New rumours are doing the rounds about the possibility of a formula one race in Bulgaria.

It was reported last year that a Dutch consortium was interested in putting up the funds for a formula one circuit in the east European republic.

Now, the local Darik News revealed at the weekend that British investors are planning to build a circuit in the seaside region of Kavarna, albeit for the modest sum of just $19m.

The Sofia News Agency said mayor Tsonko Tsonev is planning to present the proposal to the Council later this month.


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