Formula One In Bulgaria Moves Up A Gear

So it looks like the talking is turning into action and the plan is set to have a F1 venue near Pleven, not Sliven as I first thought. In fact it would be much better near a major city rather than a smaller town, as the facilities are much better not to mention transportation. Watch this space we could be seeing F1 in Bulgaria within the next two years.

Bulgaria is closer than ever to securing a Formula One grand prix after talks in Germany with the sport's commercial supremo Bernie Ecclestone, local organisers said on Saturday.
"We're really satisfied with the course of the negotiations with Bernie Ecclestone," organising committee chief Rumen Petkov told Reuters.
"We've never been closer to achieving our goal. We fulfilled nearly all talks and now we're expecting Ecclestone to visit Bulgaria in the coming weeks.
"It's very possible to sign the contract during Ecclestone's visit but let's wait and see," he added.
Bulgaria is hoping to secure a 10-year deal, starting from 2011 or 2012.
Hungary is currently the only grand prix in eastern Europe but neighbouring Turkey is most likely to give way to any Bulgarian race.
This year's grand prix in Istanbul attracted a pitifully small crowd, with only 36,000 three-day tickets sold, and local organisers there have expressed concern that their contract could end in 2011.
Petkov said the Bulgarian organising committee had abandoned an initial plan to build a track near the northern town of Pleven.

Source: http://in.reuters.com
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