In a keynote address on the first day of the Motor Sport Business Forum Middle East in Bahrain, David Richards praised the countries of the region for the billions of dollars they have spent on infrastructure in recent years and hailed countries like the kingdom for realising the challenge was to build sustainable automotive industry to accompany their new circuits.
"The business model of a race circuit that could stand on its own and just be isolated and run a motor race without anything else around it is gone forever," he said.
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