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Bid for London GP in Olympic Park

ESPN Staff
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The race would take place in and around the Olympic Stadium with London as its backdrop © Press Association

A proposed London Grand Prix on a track running around the Olympic Park is one of the bids being considered for the Olympic Stadium.

The Daily Telegraph reports that the bid was one of four accepted for consideration by the London Legacy Development Corporation as it decides the stadium's use following the games this summer. An East London-based company called Intelligent Transport Solutions Ltd is behind the bid, with Bernie Ecclestone admitting he would be interested but stating that he "had not put his name to it".

"This is a firm that happened to be bidding for use of the stadium, not to own it," Ecclestone told the Daily Telegraph. "They came up with a scheme whereby Formula One would race around the stadium, inside it, outside it. They wanted to make sure I would be interested."

When asked if he was still keen on bringing a race to London, Ecclestone replied: "Yeah."

Ecclestone has previously stated his desire to host a race in London, but has so far been thwarted by the logistical problems of staging a race in the city. The infrastructure around the Olympic Park would help resolve a number of those issues while using the city as a backdrop.

The bid was initially accepted on to a shortlist of four candidates, but the process has since been reopened until July 12, with the report stating it was no certainty that the bid would be accepted once again.