Probably one of the worst kept secrets in motoring circles has been confirmed - Kyalami Racetrack was on Monday night announced as the new venue for the A1GP for the next three years.
Speaking at a function at Melrose Arch, Johannesburg, Gauteng Premier Mbhazima Shilowa was upbeat about what it will do for the province.
"The A1GP will undoubtedly be a major boost for the Gauteng economy. Tourism is bound to benefit as sports fanatics will head our way as they support their teams," Shilowa said.
The A1GP concept - to be held locally next year from February 20-22 - is unique in motoring because it pits country against country compared to Formula One which sees teams take on each other.
Although still in its infancy, the concept is beginning to take hold.
Television exposure of the event will also be a boost for the province.
"AIGP will add more impetus to Gauteng's efforts to position itself as the home of competitive sport," added the premier.
The introduction of Ferrari engines will technically level the playing fields for all 22 nations taking part and place more pressure on driver skills and technical backup.
The season begins on September 21 in Italy and ends on May 3 next year in the UK.