F1 Miami GP live updates: Verstappen starts on pole for star-studded race

Since Liberty Media took over the series, Formula 1 programming has expanded to several new markets, including Miami and Las Vegas. As a result, some races have been canceled to make room for the new additions and keep the F1 calendar at a reasonable, if still robust, 24 races – what many teams say is their capacity.

So when a Grand Prix comes up with an expiring contract, discussions naturally begin about whether he will still have a place in the F1 program. But with the Mexico City Grand Prix up for renewal, race organizer Federico Gonzalez told The Athletic on Friday he expects the Autódromo Hermanos Rodríguez circuit will still have a date, even if the contract for the Grand Prix will expire after the 2025 season.

Gonzalez expects negotiations for a contract extension to begin this year. The 2024 Mexico City Grand Prix is ​​scheduled for October 25-27.

“We are confident,” Gonzalez said. “I think it's a good race – I think you have to ask Formula 1 that, but I think they're enjoying Mexico. “I think it's a good race for them, what with the crowd and the overall strategy concerning Formula 1. And for us it is also a very good platform and a very good thing. So I think we will reach an agreement sooner or later.”

Mexico City hosted Formula One from 1962 to 1970 and again from 1986 to 1992, but after the 1992 race the Grand Prix fell off the schedule due to several factors.

In 2015, Formula 1 returned to Mexico City and in subsequent years the Grand Prix enjoyed strong fan support. According to Gonzalez, 403,000 people attended last year's three-day race weekend and every race since Formula 1 returned in 2015 has been sold out. This is despite two more races in the United States since 2022. Gonzalez said that this has in no way negatively impacted his track, but has actually been a blessing as Formula 1 continues to experience rapid growth in the North American market.

“Liberty Media has taken things to a higher level,” Gonzalez said. “The (TV show) with Netflix now, the way they're doing the marketing, the way they're changing now technically the engines, the rules, everything. It gets bigger every year. It becomes a bigger property, a bigger thing, not just in Mexico but around the world.”

Anna Harden

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