The United States of America look set to host a second Grand Prix in 2021, following the sport having reached an agreement in principle to bring F1 racing to Miami for the first time.
The long awaited second Grand Prix in the USA has taken a massive step closer today, with the protracted negotiations between Formula One and Miami having finally come to a successful conclusion, resulting in an agreement in principle to host a race within the iconic Hard Rock Stadium, incorporating the impressive venue in a proposed street circuit race around the Florida city.
“We are thrilled to announce that Formula One and Hard Rock Stadium have reached an agreement in principle to host the first-ever Formula One Miami Grand Prix at Hard Rock Stadium" said a statement from Formula 1’s Managing Director Commercial Operations Sean Bratches and Tom Garfinkel, Vice Chairman and CEO of the Miami Dolphins and the Hard Rock Stadium.
"With an estimated annual impact of more than $400 million and 35,000 room nights, the Formula One Miami Grand Prix will be an economic juggernaut for South Florida each and every year.
“We are deeply grateful to our fans, elected officials and the local tourism industry for their patience and support throughout this process. We look forward to bringing the greatest racing spectacle on the planet for the first time to one of the world’s most iconic and glamorous regions.”
"With an estimated annual impact of more than $400 million and 35,000 room nights, the Formula One Miami Grand Prix will be an economic juggernaut for South Florida each and every year.
“We are deeply grateful to our fans, elected officials and the local tourism industry for their patience and support throughout this process. We look forward to bringing the greatest racing spectacle on the planet for the first time to one of the world’s most iconic and glamorous regions.”
The final hurdle yet to be overcome by the sport is a vote set to take place at the Miami-Dade County on October 28, where it is anticipated the proposals for the race will be approved by the relevant parties ahead of the initial construction work beginning at the circuit venue in the near future.
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