The future racecourse will result from a public-private partnership: the local government will provide the site, water and energy and funding will be provided by FIA conference charitable funds.
Ramiro Barreira, president of the Angolan Federation of Motorized Sports (FADM), cited by Angop, also informed that foreign and national companies will also support the project.
For now, there are no deadlines for the start of the works, but it is known that the future development will have an international dimension and will be incorporated into an integrated tourism project, which includes a casino, hotel, resorts, go-karting and karting track.
In addition, the project will also feature a motocross and autocross track as well as a public car park.
Jean Todt, who was in Angola on a two-day visit, stated that the institution will provide technical support in the construction of the infrastructure, writes Angop.
Before launching the first stone, he visited the karting track at the 11 de Novembro stadium, the FADM headquarters and the Autodromo de Luanda.
