LONDON — Formula One boss Bernie Ecclestone has offered to stump up £35 million ($54.5 million) to stage a Grand Prix around London's famous streets, the Times reported Thursday. The 3.2 mile route will be unveiled when the full plan is presented later, but it would take in landmarks including Buckingham Palace and Trafalgar Square. Organizers estimate 120,000 spectators would flock to the showpiece event and hope the money they would spend would more than cover Formula One's investment. “Think what it would do for tourism,” Ecclestone told the paper. — AP
