Drapetsona-Keratsini

A grand prix in austerity-hit Greece could be on the horizon, according to Formula One mogul Bernie Ecclestone, CNN reported. Ecclestone's company Formula One Licensing has already trademarked the 'Formula 1 Mediterranean Grand Prix' on May 30. "The Greeks are keen," Ecclestone said....

Plans are afoot to build a Formula One race track in Drapetsona near the port of Piraeus in an attempt to raise Greece's international profile and boost its struggling economy, local media reported. The track, to be called Themistokleios, is...