The City of Cape Town has ruled out the idea of Formula One (F1) racing at the Cape Town Stadium, it was reported on Friday.

The Cape Times reported that the city had received 11 proposals for major racing and F1 racing in two years.

Most of the proposals named Sea Point and the stadium as their suggested track route, but this had been turned down by councillors.

"We are not in favour of it because of the huge cost implications to the city," tourism, events and marketing director Anton Groenewald told the newspaper.

Councillor Felicity Purchase said: "Right up front we need to say the stadium is not available for racing. We cannot subject residents in the area to the noise of racing."

The city was reportedly considering two of the 11 proposals.

The proposed City Challenge Cape Town would be a street race showcasing new technology using gas or electric power.

The circuit proposed was outside a residential area.

The second was the G1 Racing Green, which would be a street race with electric cars.

According to the newspaper, the venues proposed were the Athlone Stadium or the V&A Waterfront.