Eyewitness News has revealed that F1 Boss Bernie Ecclestone has told them that Cape Town will host a Formula One street race in the next two years.

In February this year, the Cape Times reported that a local consortium had been invited to picth a racetrack to the FIA that was centred around the Waterfront, Greenpoint and even running through the Greenpoint stadium.

The proposal is apparently weeks away from being signed: ”I’m hoping we can make a decision as soon as our lawyers have a good look at them… within the next couple of weeks,” Ecclestone has been reported as saying.

Track layout and more info after the jump

This years Motor Show in Geneva is not far (starts March 28) and we already heard there are a lot of surprises for us. One comes from Mini, which we’ve been told, will be unveiling their entry-level, affordable and fuel efficient Mini One Clubman. With the exquisite Clubman interior, the stylish vehicle uses a 1.4-liter four-cylinder petrol engine that outputs 95hp, goes from naught to 100km/h in 11.6 seconds and has a fuel efficiency of 52.3 mpg. The eco factor comes from the fact that it’s using the brake regeneration technology, auto start/stop and a shift point display that tells the driver when to shift to maximize fuel economy. From what we’ve heard – can’t confirm it yet, the price in the UK will be starting at £13,290 so better expect it to be a bit more expensive in SA.