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F1 racing on London's streets 'a step closer'

The prospect of an F1 Grand Prix on the streets of London has moved a step closer after the coalition announced new powers for local authorities.

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The last time F1 cars took to the streets of London

Hundreds of thousands of people took to the streets last time London was visited by the Formula One travelling circus back in July 2004.

During the event former F1 World Champion Nigel Mansell threw his support behind the idea of a London race, saying that if it were to become a reality "it would be one of the best street circuit races in the world":

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