🌍 Africa 17h ago · Olamilekan Okebiorun

Mining tycoon plans to spend $402 million turning his 600 hectares of farmland into a Formula 1 circuit as South Africa eyes a return after 38 years

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Mining tycoon plans to spend $402 million turning his 600 hectares of farmland into a Formula 1 circuit as South Africa eyes a return after 38 years
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A South African consortium led by former Sibanye-Stillwater executive chairman Neal Froneman is exploring a R6.7 billion ($402 million) motorsport and property development in the Western Cape that could bring Formula One back to the country by 2031.





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