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| Hopes leap for London Grand Prix: Cameron aims to open British roads to motor races | Hopes leap for London Grand Prix: Cameron aims to open British roads to motor races |
| (about 2 hours later) | |
| Formula One cars could soon be speeding through the streets of London after David Cameron announced moves to allow motor races on public roads. | Formula One cars could soon be speeding through the streets of London after David Cameron announced moves to allow motor races on public roads. |
| Bernie Ecclestone has pressed for a Monaco-style Grand Prix to be staged in the capital. The Formula One supremo has argued it would raise more than £100m in ticket sales and endorsements and provide a huge boost to tourism. | Bernie Ecclestone has pressed for a Monaco-style Grand Prix to be staged in the capital. The Formula One supremo has argued it would raise more than £100m in ticket sales and endorsements and provide a huge boost to tourism. |
| Legislation will be introduced in the autumn to give local authorities across Britain the power to host motor races. It is due to become law by March, potentially paving the way to the first races next summer. | Legislation will be introduced in the autumn to give local authorities across Britain the power to host motor races. It is due to become law by March, potentially paving the way to the first races next summer. |
| Mr Cameron said: “We think this will be of really useful to British motor sport - more races, more events, more money coming into the country and more success for this extraordinary industry.” | Mr Cameron said: “We think this will be of really useful to British motor sport - more races, more events, more money coming into the country and more success for this extraordinary industry.” |
| The FIA International F3000 Championship Halfords Birmingham Superprix race on the streets of Birmingham in 1990 (Getty) At the moment a special Act of Parliament is required to allow a motor race on public roads, as happened when the Birmingham Superprix Formula 3000 races took place between 1986 and 1990. | The FIA International F3000 Championship Halfords Birmingham Superprix race on the streets of Birmingham in 1990 (Getty) At the moment a special Act of Parliament is required to allow a motor race on public roads, as happened when the Birmingham Superprix Formula 3000 races took place between 1986 and 1990. |
| The Prime Minister’s official spokesman said: “We’ve seen in recent years a great number of successful sporting events in the UK of various sizes. | The Prime Minister’s official spokesman said: “We’ve seen in recent years a great number of successful sporting events in the UK of various sizes. |
| “Alongside that, this country has a long tradition of engineering experience, particularly in motor sport.” | “Alongside that, this country has a long tradition of engineering experience, particularly in motor sport.” |
| A spokeswoman for Mr Johnson said: "The Mayor is already backing the FIA Formula E championship race in Battersea Park next year and thinks Formula 1 itself is a fantastic event that any city would feel privileged to host - he is always interested in projects that attract jobs and bring growth. | |
| "He is positive that London would do a spectacular job of hosting an F1 Grand Prix; but it is impossible to say what the impact might be without detailed planning and research and the question of air quality and noise impact would have to be looked at very carefully." | |
| Hosting the first three stages of the Tour de France this month is estimated to have boosted the UK economy by more than £100 million. | |
| Kimi Raikkonen of Ferrari drives during qualifying ahead of the Monaco Grand Prix Experts believe today's shake-up could lead to an extra 20 motor sports events on British roads per year, generating some £40 million over five years for local communities. | |
| Culture Secretary Sajid Javid said: "Motor sport has a huge following in the UK. These changes will provide more opportunities for fans to enjoy the sport locally and give a financial boost to local economies through the added benefits of tourism, shopping and spending." | |
| The current Private Bill process to authorise a road race can take up to 18 months, and requires the approval of both Houses of Parliament. |