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Miami officials set to vote on potential 21-year F1 contract
Miami’s City Council is set for further discussions and a vote on bringing Formula 1 to the area for a potential 21-year period during a meeting next week. The United States is regarded as a key market to tap into for Liberty Media, the organisation that acquired Formula 1 in early 2017, and Miami has been identified as a preferred venue. Miami officials earlier this year approved the preliminary agreement for the event, backed by Miami Dolphins owner and entrepreneur Stephen Ross, with a contract running from 2019 to 2028. The City Manager was given approval to negotiate with Formula 1 chiefs and it is this which will be discussed at the meeting, scheduled for next Thursday morning...
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8y ago from MotorsportWeek.com
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