Qatar Local Time

Qatar Real Estate News

Qatar moves closer to hosting Formula One Grand Prix

Qatar will soon sign the contract to host Formula One Grand Prix in the next two years, said the President of Motor Sport Federation.

The Vice-President of International Automobile Federation, Nasser bin Khalifa Al Attiyah, said the race would be held in 2016 or 2017, which adds to the growing list of high-profile international sporting events hosted by Qatar.

Al Attiyah further said that they are about to sign contract to organize a Formula One race, and a few procedures have to be done before the official signature is made.

Qatar would offer a choice of two circuits for the race, either in Lusail or a specially-designed street course through Doha. Lusail has already hosted Moto GP and World Superbike events.

Earlier there has been a concern over whether Qatar could host a Grand Prix, as it depended on approval of Bahrain and Abu Dhabi, which had already host races.

The Formula One Chief, Barnie Ecclestone, in December, said Bahrain and Abu Dhabi will not allow Qatar to join the Grand Prix Racing Circuit, but, as of now, it looks like such problems have been sorted out.

Back in September 2004, Qatar hosted the first-ever Moto GP leg and then four years later, introduced night racing at Lusail International Circuit. Further, Qatar invested another $15m to erect state-of-the-art floodlight beams erected at Lusail Circuit.

Since 2008, The Lusail Circuit in Qatar has been hosting the opening of the MotoGP World Championship under lights.

Qatar is investing billions on sports events, which has already won the bid to host 2022 World Cup and has already been awarded the 2019 World Athletics Championship. A week ago, Qatar drew unparalleled attention when it successfully staged the Menís World Handball Championship.

Last year, Doha staged a leg of the FINA World Championship. In October 2016, Qatar Cycling Federation (QCF) will stage the UCI World Road Championship. Later this year, Doha will host the 2015 World Boxing Championship, the International Boxing Association confirmed almost two years   ago. Doha will host IAAF World Athletics Championships in 2019, becoming the first Arab country to host the 2022 FIFA World Cup.

Last year in May, Qatar was awarded the hosting right for the 48th Artistic Gymnastics World Championships due to be held in October 2018.

Posted on 10/2/2015

Share This Page

Read more news

Cityscape Qatar 2017 set to open doors on 13th March
New law in real estate registration and ownership is underway
Marina Mall project at Lusail to be ready within next three years
Property market records a gloomy start to the year
Real estate transactions in Qatar hit an all-time high in 2015
UDC announces special incentives for Giardino Villa project investors
Qatar - largest investor in global real estate sector
Discounts announced for sale of Giardino villa plots
UDC announces auctioning of luxury townhouses
Final draft on sponsorship law underway


Share This Page