Chinese F1 Grand Prix in 2004
Yesterday, Mosley, visiting Shanghai for the first time, spoke at the opening ceremony where he confirmed the new deal. The FIA President praised the country's development and their commitment to creating a global attraction revolving around Formula One, adding that he can't wait to return in 2004 for the first ever Chinese GP.
"Mr Deputy Mayor - Honoured guests - Ladies and Gentlemen, I am delighted to be with you today for the formal ground breaking ceremony of the Shanghai International Circuit. I am also pleased to be visiting Shanghai for the first time. Let me say that in my short time here I have been overwhelmed by the scale and quality of the development of your city,” he said. “Yesterday, the mayor of Shanghai, and the Chairman of the Circuit company demonstrated to me the commitment of everyone here to make this circuit a major global attraction - adding to Shanghai's reputation as one the most modern and vibrant cities in the world.”
“Formula One is the biggest annual global sporting event - and it has been my ambition since becoming FIA President, that Formula One should have a home in the worlds largest nation - that ambition will be realized in 2004 when the world of Formula One will arrive in Shanghai. Let me thank everyone involved in this project, including the Motorsport Federation of China and say how much I look forward to returning in 2004 for the first Formula One Grand Prix of China in Shanghai."
The renowned Hermann Tilke has designed the new circuit estimated at $240 million and is expected to accommodate 200,000 spectators.
For all who are interested, Shanghai's effort to build a F1 GP circuit is no surprise. With Beijing fully charged to ready the 08 Olympics, Shanghai, being the biggest challenger in terms of population, economy, literacy, etc is certainly not willing to lose the ongoing battle for "the best" city in China.
Zhuhai, a southern costal city bordering HongKong, also has a International Speedway (ZHIS). Original plan was to host F1 there; but due to lack of funds, the circuit was not up to par with the F1 standards. Thus the track now only hosts F3 events and amature racing cups.
Being a Chinese my self, I certainly am happy to see more and more people are gettting involved into the greatest sporting event in the world.


