BITRACE-Token Of Tunisia Racing F1 City

ABOUT US

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.

About BITRACE Investments 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 INVESTME NTS 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 on:https://www.bdswiss.com, using BITRACE Tokens.

BITRACE INVESTMENTS LTD has also succeeded to finalize a deal with Margarete’s Beauty in Toronto Canada(https://margaretelasertoronto.ca) 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 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.

Vision :

BITRACE will achieve nothing less than the full potential of our project by driving a new era of creativity, development, growth, and innovation.

Objective :

To bring BITRACE to the surrounding Mediterranean countries, so they too can benefit from the innovation.

Project of BITRACE Investments LTD

i.Tunisia Racing F1 City:

Project Description

This project consists in building an integrated sport compound including a Formula 1 Track surrounded by top class hotel and recreational units

1 Fully Equipped race Formula 1 circuit
1 Karting
1 Museum
1 International Exhibition Centre
4 Tennis major Stadium
1 International Golf Course
1 Football Stadium
2 Hotel 5 stars
1 Hotel 7 stars
8 International Restaurants with different cuisines
Beach facilities including various Beach Clubs
1 Techno park
4 Major Chalets / VIP Palaces
60 Sea Side Villas
240 Twin Villas with view over the Golf
600 Apartments with sea view, view over the Golf, and / or Mountains
1 Major International CASINO
1 Major Shopping Mall
25000 Parking lots
Green Area& Gardens

Benefit of token Holders :

Company Summary :

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 $.

Market & Competition

Why on earth are so many countries keen to host Formula 1 Grand Prix?

Developed nations which host F1 gain through economic benefit from hundreds of thousands of spectators spending in the local area when they visit the race, it puts countries on the global sporting map, and with its 500 million viewers, F1 is one of the best platforms to promote tourism. The 3 day broadcast of the F1 race is promoted by international TV channels, as well as numerous news and publications throughout the entire preparation period. Its long term effect on tourism, however, is hard to estimate. It is much easier to calculate the immediate impact on tourism in the days of the Grand Prix.

For example, according to the study “Major Event Trust Fund Gain from the 2013 Formula One United States Grand Prix” (Don Hoyte, 2013), economic gains for the state of Texas were about $355 million. This included hotel, car rental, food, soft drinks, beer and wine, non F1 entertainment, travel costs, event presentation expenses, corporate, sponsor and team spending and tax from ticket sales.

No such estimates exist for last year’s Baku Grand Prix, but considering the fact that only 25,000 tickets weresold and more than half of them were bought by Azerbaijani citizens (compared to 114,512 people who attended the race in Texas, of which 67% were from outside the state), the impact would be rather limited.

The same situation is expected this year, however, the occupancy rates of hotels in Baku (and hostels, guesthouses, and apartments), gleaned from a simple search on Booking.com, is significant ly higher during the weekend of the Grand Prix 72%, significantly more than the week before (40%) or the week after (48%). At the same time, hotels increased their prices, in some cases by five times.

Additional short term impact on the economy is shaped through creating jobs for construction,communication, and organizational works. Without proper analysis it is hard to argue about the profitability of the event in Baku. Even less is known about the possible long term impact of the 2017 F1 Azerbaijan Grand Prix on the country’s tourism and economic growth.

One of the biggest beneficiaries has been the United States , which returned to F1’s calendar in 2012 after a five year hiatus. The inaugural race at the Circuit of the Americas (COTA) in Austin, Texas, attracted 117,429 spectators giving it the second highest race day attendance after the British Grand Prix.

Smith Travel Research reported that over the five day period ending on Sunday November 18, when the race took place, hotels in the Austin area took in $32 million, which triple the amount is made during the same period the previous year. Hotel occupancy in downtown Austin the night before the race averaged at 97.8 percent with guests paying an average rate of $300.44. In comparison, on the closest Saturday the previous year,the average rate came to $111.40. Although the average rate dropped to $266.16 on race day, this was still farhigher than the $86.52 achieved the previous year.

Even beverage takings got a boost as Austin alcohol sales for November 2012 were 23 per cent higher than the same month the previous year. COTA sold more beer, wine and mixed drinks in November 2012 than any other venue in Texas and made $2.8 million from this alone.

Formula 1 Grand Prix Calendar (2017–2018)

Formula 1 Ticket Price in the World:

Formula 1 Ticket Price in the World:Formula 1 Race day and weekend attendance in 2016



Strategy :

BITRACE with its Growth Strategy, will introduce the innovation of the cryptocurrency market via its platform that will not only revolutionize the way funding and services are provided within the project for the Tunisia Formula One racing ,but BITRACE will bring access to seamless transactions and services, to all wishing to be involved. Our map to success is the creation of the environment where all products and services within the project are accessible from the platform of BITRACE.

Token Sale Overview

ICO Calendar and Bonus

Token Distribution :

Management Team

Khaled A kid is an experienced Entrepreneur who brings over 25 years experience in Technology, Finance and Business Administration.

He is presently President & Chairman of KJ HOLDINGS CORP, Chairman of the Board of PM&E Inc. (OTC: PMEA) and of SEILON Inc. (OTC: SEIL) and President & Chairman of KJ Holdings Corp.in Calgary.

Mr. Bourne has been involved and heavily focusing, in the last 10 years, on the Telecommunications, Financial and Renewable Energy sectors in senior roles.

Jedidi BEN ROMDHANE Chief Financial Officer Jedidi Ben Romdhane, Tunisian national, brings over 16 years of solid experience in Management, Administration, Corporate Finance, Bookkeeping and Auditing.

Aymen Bouaoun, a Tunisian national, brings over 12 years of experienced in Sales, Administration and Management.

Mrs. Neila Bouasker brings over Ten years of experience in Business and Administration, she began her career in “Hammamet des Langues Vivantes” (HLV) a linguistic, cultural and tourist centre as an executive assistant for four years; during this period she assisted in the preparation of audit ISO 9001 of the company, she also participated in the implementation of processes and procedures for the financial audit.

Advisors Team

Details Information :

Website : https://www.bitrace-token.com/

Whitepaper : https://www.bitrace-token.com/whitepaper

Facebook : https://web.facebook.com/bitrace.token/?_rdc=1&_rdr

Twitter : https://twitter.com/BitraceToken

Telegram : https://t.me/bitrace

ANN Thread : https://bitcointalk.org/index.php?topic=2678267

Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1116890