Kazakhstan Considers FIA Grade 1 Racetrack in Atyrau
Illustration: envato
Kazakhstan is considering building an international motorsport complex in the Atyrau Region. The circuit would meet FIA Grade 1 standards, the highest level of certification for racetracks, Orda.kz reports.
The project’s developers estimate that major motorsport events could attract between 80,000 and 150,000 tourists annually. They claim the project could generate an economic impact of $300 million to $700 million per year and between $20 million and $60 million in tax revenue.
The project would also require new roads, hotels, tourist facilities and utilities. If approved, it would proceed through several stages, including planning, design, construction and preparation for the first events.
The project remains under discussion. No construction cost or timeline has been announced.
Original author: Eva Golovintseva
Read also:
Latest news
- Kazakhstan Approves Registration Procedure for Self-Driving Cars
- Illegal Pony-Ride Operators Accused of Animal Cruelty in Burabay
- Cameras to Automatically Detect E-Scooter Violations in Almaty
- Police Name Almaty Districts with Highest Number of Crimes
- Oil Slick Reported Near Atash Beach on Kazakhstan’s Caspian Coast
- AFM Plans Body Cameras and GPS Tracking for Detainee Escorts
- Nine Underexplored Basins Made Available for Oil Exploration
- 5.5 Billion Tenge Gas Debt Settled Without Trial in Aktobe
- Nearly 50 Forest Fires Break Out Across Kazakhstan in a Week
- Twenty Evacuated After Fire at Aktogay Concentrator
- Fire Breaks Out at Oil Field in Mangystau Region
- Two Kazakhtelecom Employees Die in Separate Workplace Incidents
- Ukraine Agrees to Avoid Targeting CPC Infrastructure
- Man Sentenced to Community Service for Stalking Woman in Almaty Region
- KMG Denies Report of $80 Billion ExxonMobil Kashagan Project
- Almaty Suspect Detained Over Fake Plates Imported from Russia
- EAEU Countries Agree to Recognize Each Other’s Academic Titles
- KNB and Military Auction Off Body Armor, Gas Masks and Nazarbayev Portraits
- Kazakhstan Pharmacies Cut Prices on 589 Medicines
- Atyrau Refinery Leadership Change Confirmed