Zanzibar aims for F1: Fisichella appointed supervisor of circuit, 500 million euros ready for investment. Formula 1 in Zanzibar in the future?.

The next phases will include the project presentation scheduled for spring 2025

Things are getting serious in Tanzania

Formula 1 in Zanzibar in the future? Maybe. Here’s the announcement published on the Facebook page of the Consulate of Tanzania in Italy: “Zanzibar continues to work towards hosting a Formula 1 Grand Prix. As revealed last May 2023, the project has received approval from the investment agency ZIPA (Zanzibar Investment Promotion Authority) for a 500 million euros investment. The plan by the company ZANZIBAR CIRCUIT EAST OF AFRICA LTD. is progressing well. After the resolution in September 2022, an agreement has now been signed on the site for the construction of the first circuit in African territory for cars and motorcycles.”

“After the initial announcement, here’s a new acceleration. On November 28, 2023, an agreement was reached between shareholders and the Executive Director of ZIPA for the allocation of a 2.5 km2 area in the southwest of the island. A very important step that further confirms the strong commitment to completing this project.”

“The signing ceremony was attended by Cristian Bortolato, the founder and head of the project, COO Enrico Sartini, and especially Giancarlo Fisichella, former F1 driver, tasked with overseeing the technical aspects of the track. Toufiq Salim Turky, a member of the Zanzibar parliament, and Abdhalla Salim Turky serve as partners and supervisors of government relations, with Shariff Ali Shariff, the general director of ZIPA, the deliberating body. The next phases will include the project presentation scheduled for spring 2025 in the presence of the President of the Zanzibar government, Honorable Hussein Mwinyi, followed by the groundbreaking ceremony by September 2025, leading to the inauguration of the first part of the circuit by the end of 2027.”