Neal Froneman on his bid to bring Formula One back to South Africa

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He turned around mines others had written off and built Sibanye-Stillwater into a global giant. Now Neal Froneman wants to bring Formula One back to South Africa, on 600 hectares of Swartland farmland rather than at Kyalami. In conversation with Alec Hogg, the Blue Mountain Racing chairman explained why he treats the R6.7bn project like a mine still in exploration, what the fallback is if Formula One says no, and why he believes a modern Grand Prix is a week-long spectacle that old circuits simply cannot host. He also tackled the question hanging over every South African bid: after the Lady R affair, what stops government's foreign policy from sinking this one too? And he made his case for why Cape Town, not the team behind it, is the winning card.
27 Sep 11AM English South Africa Investing · Business News

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