Jul.18 (GMM) Yet another meeting could finally mean the green light for a grand prix in Miami.
We have reported that Liberty Media is holding fire on publishing the 2019 calendar because of the extended negotiations about a race in the Florida capital.
In May, city planners met to discuss the race, with local media saying a deal through 2029 was in the works.
But now, F1 business journalist Christian Sylt says it is in another meeting on July 26 – next Thursday – that Miami might finally get the go-ahead.
In Forbes, Sylt reproduced a legal notice that says Miami’s City Commission will meet next Thursday “for the purpose of authorising the City Manager to execute the Host City Agreement”.
It goes on to say a race deal would be for 2019 until 2029, “with an option for a further ten year extension”.
A 20-year deal is much longer than usual in F1, but Sylt says Liberty Media is prepared to waive the usual $30 million per year hosting fee for Miami.
“We appreciate the community’s interest in hosting a formula one race and look forward to working with local officials and stakeholders to bring this vision to life,” F1 commercial boss Sean Bratches said in May.
20/07/2018 Still no green light for Miami GP Jul.20 (GMM) Confirmation that Miami will join the F1 calendar next year will have to wait even longer.
It was reported that a meeting in the famous Florida city could mean a green-light […]
29/05/2018 New York not ready for F1 race May 29 (GMM) New York does not look ready to join Miami as another US destination on the F1 calendar.
It is now almost certain that Miami will become the second US-based grand prix next […]
04/07/2018 Ecclestone questions 2019 Miami race Jul.4 (GMM) Bernie Ecclestone has questioned whether Liberty Media will be able to add Miami to next year's F1 calendar.
F1's new owners are confident they will add the second US date to […]
01/12/2017 F1 chiefs scout race locations in Miami – report Dec.1 (GMM) Miami is emerging as a likely destination of a second US grand prix in the near future.
With Liberty Media now owning F1's commercial rights, the coastal city in Florida has […]
29/09/2018 F1’s 2020 Miami plans in tatters Sep.29 (GMM) Miami's formula one plans are in tatters.
Earlier, Liberty Media had targeted a street race on the South Florida coast, but those plans were delayed until 2020.
"We aim to […]
09/04/2019 Miami GP vote delayed amid corruption rumour Apr.9 (GMM) Plans for a grand prix in Miami remain dead in the water.
Liberty Media had wanted to put a second US grand prix on the calendar for 2019, but despite delays F1 CEO Chase […]
03/05/2018 Miami to have ‘no impact’ on Canada GP May 3 (GMM) Canada GP promoter Francois Dumontier has played down the impact another F1 race in North America will have on the Montreal event.
It has emerged that Liberty Media and […]
28/08/2018 F1 agrees new German GP deal – report Aug.28 (GMM) The German grand prix has been saved, according to the local Frankfurter Allgemeine Zeitung (FAZ) newspaper.
Earlier, with Liberty Media's plans for a Miami GP next year in […]