South Africa is gearing up to secure a spot on the Formula 1 calendar, with plans to raise $50 million to fund its bid to host the prestigious race. The country's sports minister, Gayton McKenzie, revealed that discussions with Formula 1 organizers have taken place this week, and South Africa intends to submit its bid in May to host the event in 2027.

The bid is seen as a significant opportunity for South Africa to bring Formula 1 back to the African continent, a move that seven-time world champion Lewis Hamilton endorsed last year. If successful, the race would mark F1's long-awaited return to Africa, with the last race held in South Africa being the South African Grand Prix at Kyalami, north of Johannesburg, in 1993.

To finance the bid, talks are already underway with potential sponsors, including Heineken and Red Bull. Sports Minister Gayton McKenzie has called on all South Africans and interested investors to collaborate with the government in its Formula 1 push, rather than pursuing separate bids. McKenzie has expressed his determination to bring Formula 1 to South Africa, stating that "if I don't bring Formula 1 to South Africa, then I have failed as a Minister of Sports."

Rwanda has also expressed interest in hosting Formula 1, although concerns remain about whether its infrastructure meets the sport's strict requirements. Recent reports indicate that Rwanda has invested in constructing a track, set to be designed by former Benetton driver Alexander Wurz. The track, which must meet regulatory standards, is set to have significant elevation changes and difficult turns, which Max Verstappen termed as "amazing" when he visited Rwanda for the FIA Awards last month.

The project is estimated to cost around $270 million (£218 million). However, Rwandan officials argue that the investment is justified, as it aligns with the country's vision of boosting tourism—a sector that generated over $620 million (£501 million) in 2023. The Rwanda Development Board sees Formula 1 as a strategic opportunity to further strengthen the nation's global appeal.

Despite Rwanda's push to position itself as a major sports and tourism hub, critics have raised concerns over its geopolitical tensions and human rights record. Some have labelled the bid as an attempt at "sportswashing"—using high-profile events to divert attention from political controversies.

The bid by South Africa and Rwanda highlights the growing interest in Formula 1 in Africa, with the continent's wealthiest country seeking to bring the prestigious event back to its shores. As the bidding process unfolds, it remains to be seen which country will ultimately secure the coveted spot on the Formula 1 calendar.

The implications of hosting a Formula 1 race in Africa are significant, with the potential to boost tourism, create jobs, and promote economic growth. As the continent continues to evolve and grow, the bid by South Africa and Rwanda serves as a testament to its ambition and determination to become a major player in the world of sports and entertainment.