F1 Olympic bid consideration

Bid one of four under review by officials

By William Esler.   Last Updated: 18/07/12 1:28pm

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A bid to host a Formula 1 race at the Olympic Stadium is one of four options being considered by officials in charge of deciding the venues post-games legacy.

The joint bid by Intelligent Transport Services and F1 faces competition from West Ham United, Leyton Orient and UCFB, which offers degrees in football.

A potential Formula 1 race would run alongside the British Grand Prix at Silverstone, meaning the UK would host two rounds of the World Championship for the first time since 1993 - when the European Grand Prix was held at Donington Park.

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In a statement. the London Legacy Development Corporation said: "Following an extension to the bidding period, the Legacy Corporation can today reveal that it has received four bids for the venue.

"Bids from West Ham United, Intelligent Transport Services in association with Formula One, UCFB College of Football Business and Leyton Orient will now be assessed to ensure they are compliant, before being evaluated ahead of negotiations."

F1 supremo Bernie Ecclestone has already given his support to a potential race in London, insisting last week that a separate proposal to host a street-race around some of the capital's most famous landmarks was "no joke."

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