BITRACE : THE FIRST FOMULA 1 CITY THAT ACCEPTS ALL CRYPTOCURRENCIES

Formula 1 has not competed on the African continent since the last South African Grand Prix in 1993. Tunisia has now signed up for Grand Prix Arrangement. A published video shows that in the city of Hammamet, the beach is planned to tow up the 4950-meter track - based on rendered images on perfectly flat terrain - with a go kart, a conference center, a hotel for 1,200 guests and other facilities. There are 300 days of sunshine every year, which allows a high degree of utilization.

The main attraction of the Tunisian competition site is Formula 1, which means that the project is named Tunisia Racing F1 City, and in the video the cars of the king's category are emerging, albeit a couple of years ago.

The investor, UK-based Bitrace Investment, intends to implement the project in a Formula 1-completely unfamiliar form of financing. The so-called ICO is a blend of Community funding and stock market release. The essence is that a company employs a cryptovalutata, from which it acquires capital for its project.

Bitrace creates one billion units from its BRF cryptovalutana, which can be purchased for $ 0.12 for a two-month period. If the set amount is not met, investors will get their money back. The choice of the British company fell to Tunisia, because instead of $ 270 million - in Europe, it would cost the construction of the track - half of the amount could be made for the cheap labor, but the country is easily accessible from the neighboring continent. The construction would start in April and be completed by 2021.

In Tunisia, the Grand Prix was held regularly in the 20s and 30s: the Tunisian Grand Prix won legendary names such as Achille Varzi or Tazio Nuvolari. After a long skip in 1955, another race was held on the Budapest track.

About BITRACE INVESTMENT LTD

BITRACE INVESTMENTS LTD is a British investment company based in London, UK, which is a member of KJ Holdings Corp.

The company is in process of developing the Tunisia Racing F1 City project, this project consists in building an integrated sports compound including a Formula 1 Track surrounded by top-class hotel and recreational units: (Total Assigned Land: 300 Hectares) in Hammamet, Tunisia.

BITRACE INVESTMENTS LTD has also succeeded to finalize a deal with Margarete’s Beauty in Toronto Canada to kick-start the worldwide promotion and marketing of LaBelle & LeBeau Franchise Beauty Salons to allow its investors (BITRACE Buyers) to purchase the Franchise products and services using BITRACE Tokens.

BITRACE INVESTMENTS LTD has succeeded to finalize a deal with BDSwiss Holding PLC, to allow its investors (BITRACE Buyers) to Trade Shares, Indices, FOREX, Commodities and Cryptocurrencies with CFDs, using BITRACE Tokens.

BITRACE INVESTMENTS LTD is also planning to perform few acquisitions i.e. a Tour Operator, few Holiday resorts and introduce the payment using BITRACE within Tunisia, North African countries (Maghreb States) and southern Europe.

Market Problem:

There is a global deficit of circuits worldwide and mainly in Europe, due to the deterioration of most of the existing circuits. Moreover, circuits that can be used by the industry must be located in the south to be operational for a maximum period of time during the year.

The availability of a motor circuit is likely to give more buoyancy to the economy and boost the country with the establishment of a high-tech industry thanks to the new sport's concept. Indeed, so many well-off people around the world will make it to attend or take part in the Formula One Grand Prix. This event shall stand as an excellent opportunity for Tunisia and for the authorities in charge of development to tap into the presence of big decision-makers and advertise the country's economy opportunities.

Solutions for market Problem:

Solution for High F1 Hosting Fees : Negotiation of the Hosting Fees with the F1 Group: The negotiation of the Hosting Fee with the F1 Group is essential, in order to have a price that does not exceed the 15 million US $ and to be able to introduce the F1 to the African continent and in the Maghreb region more specifically. Monaco does not pay hosting fees, Italy pays US $ 7 million and Canada pays US $ 18 million.
Solution for No participation of the Government in the payment of the Hosting Fees. Participation of the Tunisian Government with the Land (300 Hectares) and infrastructure costs.
Solution for Revenues generated only from the sales of F1 Grand Prix tickets. We plan to integrate the F1 Circuit into a sports complex that will hold several competitions during the year and to introduce value-added products to the F1 City (hotels, casino, shopping mall ...) in association with the sale of villas and apartments

Market Opportunity

The following features make of Tunisia the ideal place to host major international events:

It is located at three hours in average, from the European capital cities and this Incentives Code.
A skilled staff with an amazing capacity to quickly master new technologies, looking for innovation within all its aspects.
In Tunisia, the manpower, the raw materials and the low cost of the Tunisian dinar will be important factors that will ensure the construction of F1 Circuit at 145 million US $

Token Sale

Token Symbol: BRF

Hard cap: 57,626,400 US $

Soft: 3,000,000 US $

Total token supply: 1,000,000,000 BRF

Token for Pre-Sales: 220,000,000 BRF

ICO Token: 356,264,000 BRF

Price token: 0.10 US $

Why BITRACE Market Cap will increase fast?

After the completion of the ICO, the management will insure:

To increase the use and reach of BITRACE in many countries
To assign 10 % of the raised amount to be invested into promotion & marketing of BITRACE worldwide and to list the token in more than 20 market before the end of 2018.
To assign 10 % of the net profit of Tunisia Racing F1 City to be re-invested into promotion& marketing of BITRACE worldwide.

Benefits of Holding Bitrace Token

Start Trading in CFDs BDSwiss Platform using BITRACE (May 2018).
Rent cars in certain Mediterranean countries using BITRACE (July 2018).
Purchase flight tickets from our tour operators for certain destination using BITRACE (July 2018).
Purchase Holiday Packages using BITRACE (July 2018).
Purchase Timeshare for our Holiday resorts using BITRACE (October 2018).
Purchase services worldwide at LaBelle & LeBeau Beauty Salons using BITRACE (June 2019).
Purchase products and services within Tunisia Racing F1 City using BITRACE (January 2021).
Receive return on investment out of the holding activities, as 20% of the net profit will be distributed among the BITRACE token holders (January 2022).