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The Bahrain International Circuit was designed
by German architect Herman Tilke, the mastermind
behind some of the world’s most iconic tracks.
It staged its first race in 2004 and has since
become the focal point of much of the kingdom’s
corporate activity
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ahrains
drive to diversify its economy in the face of depleting
oil reserves, coupled with a national passion for motor
racing, reached a logical and satisfactory conclusion
in 2004 when the kingdom hosted its inaugural Formula
1 Grand Prix. Three years later, the 4th edition attracted
75,000 spectators from 55 countries and earned Bahrain
$450 million in one weekend 4% of the countrys
GDP for 2007.
In 2002, when we realized that oil in Bahrain
would soon be reaching its final years, we were faced
with a dilemma - what now? Sheikh Salman bin Isa
Al Khalifa, the Bahrain International Circuits
Chief Operating Office asks rhetorically. We had
to come up with something new in order to attract the
attention of international investors. But our main challenge
was first to put Bahrain on the map. Due to Bahrains
geographic structure, we knew that it would not be possible
for us to host the World Cup or the Olympic Games. So
we picked the worlds 3rd largest sporting event
in terms of viewers in order to raise our international
profile.
The Bahrain International Circuit (BIC) was designed
by German architect Herman Tilke, the mastermind behind
many of the world leading circuits, at a cost
of $150 million. In addition to the annual F1 Grand
Prix, BIC hosts some 55 corporate events and car and
motorcycle races. The popularity of the BIC is such
that plans are in place to construct a new grandstand
to accommodate the year-on-year rise in spectators.
Nowadays, our biggest challenge is maintenance,
explains Sheikh Salman. Our aim is to keep the
track as it was in 2004. We are constantly cleaning
it and from what we hear from other tracks, we have
managed exceptionally well. Winning the Center of Excellence
was a great surprise for us. The only other circuit
that won this price is Paul Ricard in France, and it
is a truly beautiful circuit to learn from.
The success of BIC has been a huge boost to Bahrains
bid to put itself under the international spotlight
and has produced ancillary benefits across the board.
New hotels are springing up to accommodate the annual
surge in visitor numbers, meaning more rooms for year-round
visitors, and the corporate side of the venture is proving
a draw for meetings, incentives, conferences and exhibitions
arrivals. The Bahraini government has sanctioned the
building of a business and automotive park, Sakhir City,
in the vicinity and BIC already has driving academies
sponsored by the oil majors and Hummer.
I think it is important to understand that the
Grand Prix initiative started with the objective to
become the business catalyst for the whole country.
We, as a Kingdom, wanted to invest in that, says
Sheikh Salman.
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