Formula 1 drivers "could be racing over bridges and around the streets of inner Copenhagen" by '20 under advanced plans presented to the sport’s owners by a Danish consortium, according to Stine Jacobsen of REUTERS. F1 CEO Chase Carey discussed the proposal with the city's mayor and the country's business minister during a visit to Copenhagen on Wednesday. Carey: "We’re excited about the opportunity to explore a potential race here in Denmark. ... I think Copenhagen represents the type of location that we think can really provide a great platform." He added that "no final decision had yet been made." A Copenhagen race would "open the gates to the rest of Scandinavia," said the consortium behind the initiative, which is led by former Minister Helge Sander and former Saxo Bank co-Founder & CEO Lars Seier Christensen. Christensen said, "They don't just see it as Copenhagen but as all of Scandinavia, which is a potential market for them." He added that the estimated budget is 300M-500M Danish krone ($48M-$80M) per race while the "expected income from spectators including tickets is seen at" 1B-2B Danish krone ($160M-$320M) (REUTERS, 1/10).