The project, which is for the Maharashtra State Road Development Corporation (MSRDC), is to be constructed to Grand Prix standards. Capita Symonds and Populous have delivered designs for sporting venues including the London 2012 Olympic Stadium and the surrounding Olympic Park, Wembley Stadium, and Silverstone, the original home of British motorsports.
Initially the consortium’s scope of work is to identify the potential location for the circuit and associated development. This will be followed by the development of a business case and plan that will assess market demand and the potential opportunities and risks for the sites. The team will prepare a vision plan, commercial feasibility study, a detail conceptual masterplan, and a PPP concession contract to deliver the Mumbai F1 development.
Analysis and assessments will be undertaken considering long term financial, social and environmental viability. This viability will be achieved in part through the creation of a mixed-use community comprising commercial, retail, leisure and residential properties that will be centred around the circuit complex providing a year-round focus for the development. Issues such as accessibility, traffic management, sustainable transport links and infrastructure gap assessments will also be addressed.