ESPN understands that Formula One is not about a race on the streets of London even though plans have been drawn up for a track in the east of the city.
This week, reports have circulated of new plans for a race around the Docklands area, which is currently hosting the Formula E event, led by built environment experts LDN Collective and consulting firm DAR show.
The bid aims to capitalize on the area’s redevelopment plan to make the race a reality.
According to The Times and several other publications, the £250m plan will include floating stands, while the first floor of the ExCeL Center will be used as a pit lane.
Sources have told ESPN that these plans have not been discussed with F1, who don’t think the proposed area is the right place to host a race in the city – one anywhere in London at this stage still seems distant.
The Northamptonshire Silverstone circuit, the current home of the British Grand Prix, is one of the most popular on the current schedule.
F1 boss Stefano Domenicali, usually with a hands-on approach to new venues, last year visited South Africa’s Kyalami circuit.
With F1’s current rise in popularity, there has been a lot of interest from potential venues about hosting a race in the future.
This year’s F1 calendar is expected to have a record 24 races, but the cancellation of the Chinese Grand Prix in April and the decision not to replace it with another race, means there will be 23 races.
The new Las Vegas Grand Prix, held around the city’s famous strip of land, is a highlight on this year’s schedule.
