A Dutch Formula One Grand Prix will be included in the provisional 2020 schedule for the motor racing event, the Telegraaf said on Tuesday.

The paper says its ‘paddock sources’ confirm Formula One Management have made the commitment to hold a race in the Netherlands ‘on paper’.

Zandvoort is in pole position to host the Grand Prix with Assen as back up, the paper said. In order to realise the event in such a short space of time, between €30m and €40m need to be found, including the €20m annual fee to stage the race.

Prime minister Mark Rutte has already said that no government money will go to the event.

Research published by the town council and track owners a year ago said there are no insurmountable organisational, technical or logistical reasons why Formula One racing could not return to the seaside resort.

The last Grand Prix was held at the track, in the heart of the coastal dunes, in 1985 and was won by Niki Lauda.

Among the events currently staged on the circuit, which was first built after World War II, is Formula Three racing.

DutchNews.nl has asked the Formula One organisation to comment on the paper’s claim.