Morocco's ambitious $1.2 billion bid to host Formula 1

Morocco is positioning itself to re-enter the arena of Formula 1 racing with an ambitious $1.2 billion project near Tangier. This initiative aims to end the continent's 32-year absence from the sport, as the last Formula 1 race on African soil took place in 1993.

The proposed development is located just 20 kilometers south of Tangier and will feature a Grade 1 circuit capable of hosting Formula 1, World Endurance Championship (WEC), and MotoGP events. In addition to the racing circuit, the project includes a theme park, shopping mall, hotels, and a marina, promising to create an estimated 10,000 jobs.

Private investment of $800 million has already been secured, with hopes that the remaining funds will follow pending approval from the highest levels of the Moroccan government. The project is being led by former McLaren and Lotus team principal Eric Boullier, who emphasized the site's potential during a feasibility study. "We found the spot they selected met all the criteria," Boullier stated.

Describing the development as "a mini-Abu Dhabi," Boullier envisions a self-sustaining tourism ecosystem bolstered by the site’s strategic proximity to Europe. The industrial port of Tanger Med, situated 45 kilometers northeast of Tangier, offers easy access from the Spanish port of Algeciras, enhancing logistical efficiency for F1 teams.

F1 CEO Stefano Domenicali has confirmed ongoing discussions with three African nations about hosting a race, with South Africa and Rwanda previously mentioned as contenders. However, Boullier believes the Moroccan project would be a superior choice compared to its rivals.

If the project receives the green light, Boullier anticipates that most construction, particularly the F1 track, will be completed within three years. "It would make sense to hold F1 there, making it the pinnacle of the year," he added, highlighting the need for an ecosystem that can thrive year-round.

Morocco's bid represents a significant step toward revitalizing its sporting landscape, particularly as the country seeks to attract major international events. This initiative not only aims to host a Grand Prix but also positions Morocco as a burgeoning hub for sports tourism, aligning with its aspirations to host the 2030 FIFA World Cup final in a proposed mega-stadium in Casablanca.

The venture into Formula 1 is not without its challenges. Concerns have already arisen from Spanish media regarding the implications for the future of the Spanish Grand Prix at the Circuit de Barcelona-Catalunya, which currently lacks a contract extension beyond 2026. As Morocco moves forward with its plans, the world will watch closely to see if this ambitious bid can indeed bring Formula 1 racing back to Africa.