News Details

Tourist train project could derail Mexican Grand Prix future

With a new Grand Prix contract deadline approaching, Mexican President Andres Manuel Lopez Obrador on Tuesday raised the possibility that Formula 1 races will not be held in the country from 2020 if they require resources from the federal government. Mexico signed a contract in 2014 for five races with the automobile championship, requiring millions of pesos in investment each year. The deadline for a contract renewal to host the sporting event from 2020 onward is 28 February. 'I am a bit cheap in these cases,' Lopez Obrador told reporters, adding that funds previously used to finance Formula 1 were now reserved for a tourist train his government plans to build in the south of the country....
Full Story »
6y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Mexican president cuts Mexican Grand Prix subsidy

Photo by: www.kymilman.com/f1 After being celebrated with the ‘best...
6y ago from TheParcFerme.com

Racing Point reveals tweaked livery for 2019

Racing Point has unveiled its new-look Formula 1 team during an event at...
6y ago from MotorsportWeek.com

F1 2020 calendar may force team rethink - Toro Rosso

The expansion of Formula 1’s calendar means teams may soon have to...
6y ago from MotorsportWeek.com

Racing Point expects new F1 factory by 2021

Racing Point expects to have a new factory ready for use in the next two...
6y ago from MotorsportWeek.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Alex Palou survives chaos to take maiden Indy 500...

When the green flag flew of the 109th running of the Indianapolis 500,...

Indianapolis 500 – Race Results

350,000 fans gathered at the Indianapolis Motor Speedway on Sunday for...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal transfer news latest as Mikel Arteta...

Arsenal are said to be keen on Real Madrid winger Rodrygo, but the club...
5h ago from SportsMole.co.uk

Arsenal could sign Premier League proven forward for...

Arsenal are expected to reignite their interest in Ollie Watkins this...
6h ago from FreshArsenal.com

Premier League Team of the Week: Bruno Fernandes,...

Sports Mole selects its Premier League Team of the Week for gameweek 38,...
7h ago from SportsMole.co.uk

Mikel Arteta makes stance clear on Arsenal transfers...

Arsenal manager Mikel Arteta pays tribute to Kieran Tierney and discusses...
8h ago from SportsMole.co.uk

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.