Aug.8 (GMM) A return to the F1 calendar for Mexico is "possible", FIA president Jean Todt has revealed.

He said in Mexico City on Friday that he sees "no reason" why a future Mexican grand prix should be ruled out.

"As part of the meetings I am doing I intend to see the Hermanos Rodriguez circuit," added the Frenchman, referring to the venue that last hosted formula one in 1992.

"Today Mexico is an economically strong country and I am convinced that in the future it (F1) is possible," Todt is quoted by Europa Press.

"We know that the races have a cost. There are also a number of criteria for the approval of an event, especially in the safety parameter."

The only Mexican driver in F1 at present is Sergio Perez.

Meanwhile, Todt - apparently referring to the recent blown exhaust saga - has been quoted as saying F1 needs "more specific" rules for the future.

"The teams interpret the rules in such a bizarre way that they break them. We must be more specific, so that everyone applies them," he is quoted by the Italian agency AGI.

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