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News of the Greek government allocating nearly €30 million, pending Parliament ratification, to build a track that will comply with Formula 1 standards were quite a surprise, given the country’s current financial state.

If the Greek Parliament gives the green light, the new track will be built in Halandritsa, near the port of Patras in the Peloponnese.

When questioned by Carscoop, president of the Patras Autodrome consortium Evangelos Floratos said that, even though securing a Formula 1 Grand Prix is very difficult, there are many other forms of racing that could be hosted on the track.

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