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We recently hosted the first-ever Formula E on the roads of Putrajaya; now, the street racing edges closer to the capital with the KL City Grand Prix, which enjoyed its official launch this morning.

Between August 7 and 9 next year, Kuala Lumpur is set to see GT racing teams, their drivers and their cars do battle on her streets, within a specially-designed 3.2 km street circuit in the KLCC area.

The proposed 11-turn circuit starts at KLCC Suria and proceeds through Jalan P Ramlee, Jalan Ampang, Jalan Sultan Ismail and Jalan Pinang before returning to the chequered flag, which should make for quite a spectacle.

To make this happen, organiser GT Global Race (M) Sdn Bhd is working with DBKL (for exclusive rights to hold the KL City Grand Prix for five years), AAM (for race organisation and FIA homologation), plus UK-based APEX and Australia-based KBR (for street circuit design and development).

Chaired by YAM Tunku Naquiyuddin ibni Tuanku Ja’afar and headed by president and CEO M. Arrasu, GT Global Race has also engaged Shanghai Top Speed to stage selected rounds of certain international race events in KL, including the Lamborghini Super Trofeo Cup, Formula Masters and Scirocco Cup.

According to an independent evaluation by PricewaterhouseCoopers, the KL City Grand Prix is estimated to draw 100,000 new visitors to the country, create over 6,300 jobs from the first event and raise RM750 million in national income. By 2020, it expects 150,000 visitors, over 10,000 jobs and RM1.2 billion in national income for that year.