@MaanoMadima@PrinceKaybee_SA It's a private sector driven but the government will definitely play a huge role as well. Currently Kyalami 9hour race is being financially supported by the gauteng local government. The average cost to host a f1 in your circuit (sign a contract with f1 to host a race) is around
@MaanoMadima@PrinceKaybee_SA R650 million per year depending on the length of your contract. The economic benefits are good I believe and it will reduce a little bit of unemployment. So the government kinda benefits also because based on research done on 9hour race it's said the economic benefits
@MaanoMadima@PrinceKaybee_SA R650 million per year depending on the length of your contract. The economic benefits are good I believe and it will reduce a little bit of unemployment. So the government kinda benefits also because based on research done on 9hour race it's said the economic benefits