Mexico extends until 2022

The announcement was leaked yesterday in a video where the head of government of the city of Mexico City announced that the contract linking the Hermanos Rodriguez circuit and the F1 would be extended.

It remained to know the terms, which were revealed this Thursday. The round thus maintains its lease with F1 until 2022, with greater involvement from the government of the Mexican capital.

A reinforced involvement which will offer a change of name, the official name becoming Mexico City Grand Prix.

“The presence of Formula 1 in the city for three more years has been achieved for the first time thanks to a new financing model in which public resources are not used, comments Claudia Sheinbaum, head of government of the city of Mexico City.

Previously, the federal government collaborated in financing the event. The government of Mexico will act as an intermediary and create trust to mobilize the private investments necessary for the realization of this international event. Ticket prices will remain the same as in previous years. »

“We are pleased to have renewed our partnership with Mexico City, further specifies Chase Carey, CEO of Formula 1 at Liberty Media. Since its return to the calendar in 2015, this event has always been extremely popular with audiences and fans, not only in Mexico, but also around the world.

The proof is that the race promoter has won the FIA ​​Best Event Award no less than four years in a row and that during these four years, more than 1,3 million spectators attended the Grand Prix. »

The Mexican round will take place this year on October 27.