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

Motorsport Week's Top 10 MotoGP riders of 2025

The 2025 MotoGP season had it all. With 22 rounds and 44 races, the...

Popular On IndyCarToday.com

Race start times for 2026 IndyCar season announced

The NTT IndyCar Series has announced the race broadcast start times for...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal player ratings: Declan Rice shines despite new...

Arsenal returned to the top of the Premier League table with a 2-1 win at...
9h ago from CaughtOffside.com

'Unbelievable' – Arsenal star earns special...

Arsenal goalkeeper David Raya has earned big praise for a world class save...
10h ago from CaughtOffside.com

Arsenal dealt yet another injury blow right before the...

Arsenal have reportedly been dealt another injury blow, with Riccardo...
11h ago from CaughtOffside.com

Ødegaard’s strike and Rice’s flexibility steer...

ew minutes before half-time in a contest that swung entirely one way and...
10h ago from TheGuardian.com

Comments

Hottest News

MotoGP: What does Repsol's new agreement mean for MotoGP?

Repsol will return to a major role in the MotoGP... Read More »
2h ago from F1Technical.net

Fernando Alonso vows to 'hit' F1 rival in Monaco

Two-time F1 champion Fernando Alonso has vowed to... Read More »
8h ago from GPFans.com

Shock Sauber move for Lewis Hamilton revealed

Sauber F1 founder Peter Sauber has revealed that... Read More »
8h ago from GPFans.com

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.