Iran building Formula 1 trackSeptember 10, 2011 - 11:24 AMT PanARMENIAN.Net - Iran is reportedly preparing a Formula 1 track construction of which is underway since 2008. According to Fars News Agency, the place where Iran is building the new track is located 5 km from capital Tehran. Christened as iLand, it is a futuristic city which will have all the necessary amenities along with state of the art service. The iLand project is being built by TSI Group from Tehran while the circuit is designed by Apex Circuit Design UK-based company. iLand is supposed to feature housing for 50,000, shopping malls, water parks, hotels, an International standard 18 hole golf course, indoor and outdoor fun parks, equestrian facilities, auto mall, motorcycle dirt tracks, an Olympic standard sports complex and an International standard kart circuit designed by Schreiner Consulting in Austria. The F1 track design of which is still a secret, has been created based on circuits like Nurburgring Nordschleife (Germany), Donington Park (UK) and Spa-Francorchamps (Belgium). The organizers expect the construction to be completed by 2012 and F1 to arrive in Iran by 2013. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | Ucom Celebrates Telecommunication Day May 17 commemorates the founding of the International Telecommunication Union on May 17, 1865. Armenian, Azerbaijani heads of parliament meet in Switzerland President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova. Border residents overnight on highway to protest Armenia’s Residents of Kirants continue to express outrage over the government’s decision to cede land to Azerbaijan. Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. |