Baku City Circuit (BCC) Operating Company has signed memorandum with 'Gilan' Group of Hotels, 'Baku Boulevard' and 'Shah Palace'.

The memorandum considers development of mutual cooperation opportunities.

Chief of the BCC Commercial Department Bulent Ozerdim, Director of 'Gilan' Group of Hotels Elgun Mammadov, General Manager of 'Baku Boulevard' hotel Valentin Osolos and General Manager of 'Shah Palace' hotel Davut Furkan Emen attended the signing ceremony. In the ceremony, parties expressed their consent on joint action for development of mutual cooperation opportunities in the framework of Formula 1 Grand Prix of Europe, which will be held for the first time in Baku this year.