It is believed a potential race in London could raise more than £100 million
in ticket revenues and endorsements, and despite financial obstacles to its
staging, London Mayor Boris Johnson has indicated he is open to the idea.

“I am always interested in projects that attract and bring growth”, he said.

“The question of air quality and noise impact will have to be looked at. I am
broadly positive providing we can satisfy the air quality and noise issues.”

The proposals could have a major impact not just on Formula One, but on the
staging of rallies, hill climbs and sprints on public roads across the
country.

The Motor Sports Association, which has long campaigned for the change,
welcomed the move.

Rob Jones, acting chief executive, said: “This is the news that British motor
sport has been waiting for. It represents a once-in-a-lifetime opportunity
to change the landscape of our sport, allowing local communities across the
country to host motor sport events and enjoy all the excitement and economic
benefit they bring.

“However to make that vision a reality, we need everybody involved with our
sport – competitors and volunteers, clubs and organisers – to respond
positively to the government consultation before the 10 April deadline.

“The government’s enthusiasm for motor sport, and its launch of a public
consultation, reflects years of hard work behind the scenes. It’s now up to
us all to grab this chance to take the closed road campaign a big step
closer to the finish line.”

Three-time Formula One world champion, Sir Jackie Stewart, added: “I
whole-heartedly support the initiative to introduce the opportunity for
motor sport to utilise appropriate public roads for sporting events.”

The race has the support of several senior Government ministers including
Minister Without Portfolio Kenneth Clark, Philip Hammond, the Defence
Secretary, and Patrick McLoughlin, according to The Times.

It has faced opposition from environmental groups, however. Darren Johnson, a
Green London Assembly member said the race through London was a “terrible
idea”.

“Formula One should stick to the dedicated race tracks and leave our streets
for ordinary Londoners to enjoy,” he said.