Piraeus F1 project claims to be Greece's official track
A private project to build a Formula One motor racing track in the port city of Piraeus, near Athens, is Greece’s only official candidate to hold Formula One races, said Dielpis Formula 1, which is supervising the project.
Dielpis is making contact with interested investors after the Automobile and Touring Club of Greece pitched for the Drapetsona track as the official Greek candidate following a request to Dielpis by the local mayor and Bernie Ecclestone, chief executive of Formula One Management, according to a statement on Thursday.
The project “constitutes a private initiative and investment that not only doesn’t burden Greek citizens, it creates benefits for them,” Dielpis Formula 1 said.
IMF chief Christine Lagarde says a Paris court has named her as a key witness in an investigation into a controversial payoff to an outspoken businessman arranged while she was Frances finan...
Ex-Education Minister Anna Diamantopoulou became on Friday the latest member of the PASOK cabinet serving when Greece signed its bailout deal with the troika in May 2010 to make plans to cre...
PAOK recovered some of the ground lost in the Super League playoffs by beating fellow Champions League-spot contender Asteras 2-1 at Tripoli on Wednesday, while PAS Giannina and Atromitos sh...
The league that in the last three years has produced the European basketball champion entered its playoffs on Tuesday and Wednesday with the first games of the quarterfinal round, with AGO R...
While the country waits for an influx of major investment that is expected to create new jobs in the distant future, it is absolutely vital to bolster small to medium-sized companies as fast...
Greek police officers are doing a fine job despite considerable cuts in their salaries coupled by major shortages in equipment and infrastructure.
Through their behavior and professionalism,...
