Bulgaria Keen To Host Formula One Race

`It`ll be very difficult but I think we`ll succeed,` BMF`s president Bogdan Nikolov was quoted as saying in 24 Chasa daily on Monday.

"It'll be very difficult but I think we'll succeed," BMF's president Bogdan Nikolov was quoted as saying in 24 Chasa daily on Monday.

Nikolov said they would submit a plan and an application to the International Automobile Federation (FIA) on Dec. 15 for consideration by Formula One supremo Bernie Ecclestone the following day.

According to the plan, a circuit is to be built near the Balkan country's northern town of Pleven.

Bulgaria is due to host a round of the World Rally Championship in 2010 and hope to host a round of motorcycling's MotoGP in 2011.