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Formula 1 supremo Bernie Ecclestone is adamant that he is seriously working on a London Grand Prix.

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Last month, the idea was mooted again, with a previous demonstration taking place in 2004, with the new circuit racing past iconic landmarks such as Buckingham Palace and the Houses of Parliament.

There has been a fair amount of scepticism about the idea but Ecclestone is determined to make it work.

“We are getting on with it. It is no joke, 100 per cent completely no joke,” he told The Guardian.

“With the way things are, maybe we would front it and put the money up for it.

“If we got the okay and everything was fine, I think we could do that.”

There is an appetite for Formula 1 in this country with stars like McLaren’s Lewis Hamilton challenging for the title.

The British Grand Prix at Silverstone saw 127,000 people turning up through the gates with many fans making the trip from London.

There would be no doubt that a race around the capital would attract the crowds but there are many logistical issues to stage the race.

If the go-ahead was given it would be likely that F1’s circuit designer of choice, Herman Tillke, would be the man to provide the layout.

A normal race track has a blank canvas but a street circuit has to work around the buildings.

The pits and paddock area is another thing that must be considered as there are all the tyres, spare parts and crew that need to be transported.

There would need to also be motorhomes but, without a stand-alone pits area, space would be at a premium, as it is at Monaco, despite recent improvements.

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