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Formula 1 confirms Mexico City for three more years

Mexico will stay on the Formula 1 calendar for three more years after a new contract was signed on Thursday, with the sport set to expand to a record 22 races next season. Formula 1 management said the race would change its name to the Mexico City Grand Prix from 2020 to emphasise the support of the city authorities. “It’s an honour to announce that we will carry out this event in Mexico City until 2022,” Formula One chairman and CEO Chase Carey told a news conference. Mexico City mayor Claudia Sheinbaum said in a statement that the agreement was based on a new financing model without the use of public resources. “The Mexico City government will be an intermediary, creating a trust...
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