The iconic Mount Panorama circuit at Bathurst could be in line for a raft of upgrades following a funding proposal sent to the federal government by Bathurst Regional Council (BRC).

According to V8 Sleuth, the upgrades are worth around $70 million and include everything from safety improvements to a full resurfacing of the 6.213km circuit, which is a public road when race events aren’t being held.

The news comes after a pre-election pledge for funding in 2025 described upgrades for the world-famous circuit, which hosts the Bathurst 12 Hour enduro and the legendary Bathurst 1000 Supercars race, as “overdue”.

The Mount Panorama layout has not been fully resurfaced since 2014.

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The latest proposal also covers items such as permanent grandstands at the venue, replacement of ageing tyre barriers, and a refreshed pit complex including new fibre-optic communications for race control and media.

“To be transparent, this list has no ceiling, so we’ve created everything we wish we could have into one big list,” BRC deputy mayor Ben Fry told the Western Advocate.

Mr Fry said the changes would put safety upgrades above all else.

“Definitely, crowd experience and tourism-centric projects are further down the list, and we’ve all been approaching the relevant ministers for this as well at a later date,” he said.