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Balatonring will be a 4.650 km long motor racing circuit, located in Savoly, Hungary near Central Europe's biggest lake Balaton. The circuit is located about 180 km away from Budapest, the capital city of Hungary. Spain's Balatonring Zrt will operate the racing circuit with 70% share owned by Worldwide Circuit Management S.L. (WCM) and Magyar Turizmus Zrt. (Hungarian Tourism Board) owning 30%.[1] Spanish investment group Sedesa will be the constructor at a cost of €80 million and seating for 110,000 to 140,000 will be constructed.[2]
Construction work on the 200 million Euro project has started on 6 November 2008, and the facility was due to host its first MotoGP race on 20 September 2009. However, on 11 March 2009, motogpmatters.com reported that the Hugarian round would be canceled due to problems related to the Financial crisis of 2007–2009. The circuit would not be completed in time for the September 20th race.[3] The first Hungarian GP is now scheduled to September 2010.
[edit] References
- ^ "Hungarian MotoGP round proposition unveiled in Budapest". motogp.com. 2008-07-23. http://www.motogp.com/en/news/2008/Hungarian+MotoGP+round+proposition+unveiled+in+Budapest. Retrieved 2009-03-31.
- ^ "Hungary to build MotoGP circuit". foxsports.com.au. 2008-07-24. http://www.foxsports.com.au/story/0,8659,24069281-23770,00.html. Retrieved 2009-03-31.
- ^ "Hungarian MotoGP Round Officially Canceled". MotoGPMatters.com. 2009-03-11. http://www.motogpmatters.com/news/2009/03/11/hungarian_motogp_round_officially_cancel.html. Retrieved 2009-03-31.
[edit] External links
Coordinates: 46°35′19″N 17°15′12″E / 46.588538°N 17.253256°E / 46.588538; 17.253256
