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South African tycoon plans $402m Formula 1 circuit on 600 hectares of farmland
Times of India
October 6, 2026
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Neal Froneman leads a consortium aiming to construct a $402 million Formula 1 circuit near Cape Town, marking a potential revival of South African motorsport after nearly 40 years. Currently in the pre-feasibility phase, the circuit is designed to accommodate 125,000 fans and will include a media co
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