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Featured F1 to return to Valencia in Formula E race-sharing deal?

Discussion in 'Formula 1' started by Jordan Adcock, Apr 20, 2015.

  1. _M2V3753.jpg
    Valencia’s street circuit could soon return to use under new ownership, with a plan to regain F1 and alternate it annually with a Formula E race.


    The Singapore-based multinational ARC Resorts plans to invest €200 million over the next three years to create a six-star hotel and casino complex in the Spanish docks area where F1 raced from 2008 to 2012, with further plans for a golf and luxury residential estate to create what it calls "the best urban resort in Europe."

    High hosting fees coupled with European financial woes led to Valencia dropping off the calendar, with the marina, which also hosted America’s Cup yacht races, now virtually empty. But ARC have already developed complexes in Kazakhstan and Sri Lanka, and it was in Singapore that Marina Bay became a huge tourism centre through the construction of enormous hotels and itself hosting a grand prix.

    ARC is reportedly confident it can revive the race, claiming to have “an excellent relationship” with F1 organizers and estimating the cost at €500 million, which revenues from the hotel will “more than justify.”

    Given the last race’s relatively short run and Formula E’s new status meaning a much cheaper premium for hosting its races (the series is actually paying local authorities to host the London races in June), it appears smart to try and limit costs this way.

    Still, Valencia’s own local government is yet to examine ARC’s proposals, so nothing looks probable just yet, and it remains to be seen whether F1’s parties would agree to sharing a venue with their electric counterparts.
    Image courtesy of Pirelli
     
    Last edited by a moderator: Apr 20, 2015
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  2. Please God NO! It had a good race in 2012 granted, but lets go back to 2009 0 on track overtakes in the race now lets go to F1 fanatics Rate the race
    2008. 3.9
    2009. 5.3
    2010. 5.4
    2011. 3.8
    it is fair to say, people don't like this place
     
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  3. Sky

    Sky
    Gobble Gobble Premium Member

    terrible track
     
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  4. I live in Valencia and I hope F1 NEVER return to this circuit.

    Edit: Someone rated this funny. I can sort of understand how it sounds funny, but it's not.
    The local government in Valencia wasted millions of TAX MONEY in this terrible circuit, the same year the money destined to education, hospitals and etc was REDUCED BECAUSE OF THE TRACK PAYMENT.

    So you can understand what's the real situation here and the local opinion about this.
     
    Last edited: Apr 20, 2015
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  5. Jimlaad43

    Jimlaad43
    Nice apex, I'll take it! Premium Member

    FE might be decent on the circuit, but it would need a major redesign for F1's sake. Spain still hasn't produced a good F1 track (that isn't deadly - Montjuic). We'd be better with a French GP than another Spanish one if the godawful Catalunya circuit stays.
     
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  6. Omer Said

    Omer Said
    Weresloth Staff Premium Member

    Actually that is the case with many modern circuits built in Middle-East and Asia. It is a mistake in the first place to invest such enormous money to build F1 tracks, yet after they are built, there is no turning back. So i find that Valencia race organizers are trying to get some revenue out of the track is not something to stand against. Everything is a gain when you are stepping forward to compensate a loss.

    On the other hand, i think F1 should not re-include this boring track. :D
     
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  7. hate the track setting up my car there because tricky to get it right
     
  8. Nox

    Nox
    Staff Premium Member

    No. Please. Just no.
     
  9. No problem, as long as this circuit only gets private investment. I don't want them to use my money in this shitty-shitty circuit.
     
  10. It's maybe true that it wasn't the most exciting race to watch, but I would just want it back so I can race on it in the games lol... I always really liked driving on it altho the layout wouldn't suggest that.
     
  11. Graham Laing

    Graham Laing
    ...... mostly harmless Staff

    I liked driving it ....... but hated watching it

    Unlike Singapore where I hate driving it and hate watching it ....... :)
     
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  12. Good to see Valencia back on the calendar, and see someone wanna be a bird like Seb in 2010!
     
  13. Nox

    Nox
    Staff Premium Member

    Seb won the race in 2010. Webber was the one flying through the air.
     
  14. My mistake :p:D
     
  15. Graham Laing

    Graham Laing
    ...... mostly harmless Staff

    No....... His mistake ;)
     
  16. Jimlaad43

    Jimlaad43
    Nice apex, I'll take it! Premium Member

    Singapore is a fantastic circuit, I don't understand the hate it gets.
     
  17. Graham Laing

    Graham Laing
    ...... mostly harmless Staff

    It's a Marmite® track.

    ....... and I love Marmite :)

    Singapore leaves a nasty taste in my mouth (unlike Marmite). It's probably from all the gnashing of teeth and biting my tongue as I swear my way around the track, With these modern V6's all I hear is the swearing ;)

    Still this thread is about Valencia and those super-fast electric golf carts Formula E, so I'll leave it there. :whistling: ................... [/joke]
     
    Last edited: Apr 24, 2015
  18. Chris Jenkins

    Chris Jenkins
    Driving til the wheels fall off

    Awful boring race. No thank you.
    Fine for Formula E, I think the boring 90 degree corner nature suits it, but it's a god-awful track for F1!
     
  19. I know that Valencia is not the best tracks but better tan Singapour am I right?