A consortium including UK consultancy Capita Symonds has been appointed to prepare the masterplan and business case for a Grands Prix-standard race circuit and associated regeneration project in Mumbai
The initial scope of work is to identify a potential location for the circuit and associated development in the Indian city.
This will be followed by the development of a business case and plan that will assess market demand and the potential opportunities and risks for the sites.
A vision plan, a commercial feasibility study, a detailed conceptual masterplan, and a PPP concession contract will be drawn up to deliver the Mumbai F1 development.
Jerry Muscroft of Capita Symonds said: ‘Our appointment reflects the consortium’s growing strength in masterplanning, transportation and design of some of the world’s leading motor racing circuits and regeneration projects.
‘We are committed to delivering the next generation of racing circuits, with great racing, over-taking, world class facilities and architecture; but above all the intention is to create a sustainable venue that will not need continuous financial support, and will facilitate investment and regeneration.’