The Mexican Formulation 1 Grand Prix in Mexico Cityappears to have been axed from the 2020 racing calendar in favor of the just lately confirmed return of the collection to the Netherlands for the 2020 Dutch Grand Prix.
ESPN Mexico, citing unknown sources near the matter, experiences that the Corporación Interamericana de Entretenimiento (CIE), a authorities company tasked with dealing with sports activities and leisure occasions for the Mexican authorities, couldn't conform to the monetary phrases expressed within the contract issued by Liberty Media. Extra particularly, the CIE apparently doesn't have the approval of Mexico's new president Andrés Manuel López Obrador to supply the 800 million pesos essential to retain the occasion—if native sources declare that the F1 weekend pours practically 15 million pesos into the native economic system.
This comes as horrible information to the Mexican folks and F1 followers around the globe alike, because the Mexican Grand Prix was voted the most effective race on the F1 calendar two years in a row, and had at all times managed wonderful ticket gross sales. The "F1 Mexican celebration" as many within the paddock named it, additionally gained notoriety for being one of many extra enjoyable and funky venues for everybody concerned.
Though there nonetheless is not an official phrase from Liberty Media, Mexico is at present one of many venues to have but confirmed their spot within the 2020 calendar, and the Dutch Grand Prix addition to such earlier at present solely leads us to imagine that this report by ESPN is almost definitely correct.
The Autodromo Hermanos Rodriguez, the place the F1 race is at present held (and has been held intermittently because the '50s) at present hosts Formulation E and hosted the Race of Champions in 2018.