Portimao's event and commercial director Miguel Praia said the race fee has always been the 'knockout' for a Portuguese GP in the past. After the original 2020 calendar was ripped apart by the global pandemic, Formula 1 turned to several unscheduled locations in order to piece together their new 17-race calendar. One of those was the Algarve International Circuit, or Portimao as it's commonly referred to, and the venue is now set to host the first Portuguese Grand Prix since 1996 from October 23-25. Praia said it has always been his ambition to bring Formula 1 to Portimao, but in the past it has never been possible to afford the race fee that tracks must pay to have an event on the...
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