Racing in Copenhagen

Copenhagen, the capital of Denmark, is currently conducting a design study into the possibility of a street race in the city. There are plenty of nice wide roads but the problem for Copenhagen in the money needed to compete with other Grand Prix promoters. The recent deals with Valencia and Singapore are believed to be costing the cities around $35m for the first year (in addition to construction costs) with a 10% increase in the fees for each year of the seven-year contract. This means that anyone serious about holding an F1 race needs $330m for fees, in addition to the construction and upkeep costs.

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