The really Silly Season...

Greece unblocks 30 million euros to build Formula 1 circuit
By Pablo Elizalde Monday, October 1st 2012, 13:24 GMT
http://www.autosport.com/news/report.php/id/102997

Greece has unblocked nearly 30 million euros for the construction of a circuit capable of hosting a Formula 1 grand prix.

According to the ministry of development, the circuit will be built in Xalandritsa, near Patras, Greece's third largest urban area in the hope the country can host a Formula 1 event in the future.

The total cost of the track will be 94.6 million euros, according to Bloomberg, with private company Racetrack Patras SA to oversee the project.

Greece's economy remains in deep recession, with figures showing it contracted by 6.2 per cent in the second quarter of 2012.

In August the coalition government agreed fresh spending cuts totalling more than 11billion euros in order to qualify for the next instalment of its 130billion loan from international creditors.

Greece, which hosts a round of the World Rally Championship, has never had a Formula 1 driver.

What the fuck...!

Hmm, I suppose all the Greeks that made millions from the corruption around the Olympic games need a bit of a money boost. Seriously, looking at all the stuff they built at ridiculous prices that is now just totally abandoned you really have to wonder. That probably helped a lot in digging the hole they are now in, and so maybe they figure they can dig a bit more.

Henrik wrote:Seriously, looking at all the stuff they built at ridiculous prices that is now just totally abandoned you really have to wonder.

What..the Parthenon n'stuff...?

Yeah, that too.... but that's kinda cool!

You couldn't write this kind of Greek mythology!