Contrary to earlier reports, a contract for a Bulgarian grand prix in 2011 or 2012 has not yet been signed.

We reported recently that a race near the southeastern European republic's capital Sofia will be held following the reaching of an agreement.

But according to the local Focus news agency, the chairman of the organising body Bulgarian Motorcycle Federation, Bogdan Nikolov, has only now received the preliminary contract.

It was received on Sunday and is "not signed yet", the report revealed.