Racing weekend GP of Mexico visited by more than 350.000 people and the Formula 1 caravan is always looking forward to the warm welcome of the traditional racetrack named after the racing brothers Ricardo and Pedro Rodriguez. Contract with the company "Entertainment Inter-American Corporation”(CIE), which renovated the racetrack Hermanos Rodriguez Autodrome and who is responsible for carrying out the race, provides Formula 1 hosting only for 2019. Black clouds gathered for the race next year. Because on December 1, 2018, Andres Manuel Lopez Obrador replaced President Enrique Peno Nieto, who announced in the election campaign that he would carefully check which events could be financed with public money. Dirko Formula 1 he saw it as unnecessary.
It has never been publicly said how much money the state has set aside for the race fee. Supposedly Bernie Ecclestone, the former first man of Formula 1, signed a $ 30 million contract. The British's contracts also included the fact that the fee was increased by five percent each year. That means if the Mexicans paid 2015 million in 30, they had to pay 36,4 million for this year’s race. The new president Lopez Obrador he did not want to talk about how much money the government spent on Formula 1. Mexican media, however, mention a government contribution of $ 20 million. According to the President, the state needs this money in a more important area, namely the project. "Maya Train“. It is a 1.600-kilometer-long railway line that will connect the country's archeological sites with tourist centers.
Now, however, a happy conscience from Mexico. The race remains. This is expected to be officially announced tomorrow, August 8th. Supposedly the leadership Formula 1 reached an agreement with the Mexicans to extend the contract for three years. On the official twitter page GP of Mexico we can read: “The fiesta in Mexico City continues. Thank you for being the best fans in the world. Keep this twitter channel open as the details follow tomorrow."
The mayor of Sheinbaum says in the video: “I want to share the good news I just received. Formula 1 remains in Mexico City. The FIA president will be here tomorrow to sign everything necessary. This is great news for the city. I want to thank the group of businessmen who made this possible. Because we concluded this new contract without being dependent on public money. For the city and for the country, this means more tourists and more revenue."
At that time, however, there are still no contracts after 2019 races in Monza, Barcelona in Hockenheim. We can confirm with a high probability that there will be an extension of the contracts with the Italians and the Spaniards (Barcelona supposedly only for one year), which means that for Hockenheim there is definitely an end to hope.
