Latest news with #MexicoGP
Time of India
01-05-2025
- Automotive
- Time of India
Formula 1 and Mexico City agree to a three-year extension
Formula 1 and Mexico City agree to a three-year extension (Image Source: Getty) Expected in October this year, the Mexico City Grand Prix is a vibrant and enthralling experience for Formula 1 fans across the globe, with celebrations and music taking the center stage. Now, Formula 1 and Mexico City have joined hands for a three-year extension till 2028, making fans even more excited for what is coming ahead. Formula 1 CEO Stefano Domenicali calls Mexico Grand Prix an incredible experience As per at least 405,000 people enjoyed the festivities in 2024, setting a new record for the Mexico City Grand Prix. This has been a big deal for the Association and fans. Stefano Domenicali, President and CEO of Formula 1 believes Mexico City has energetic experience. He said: by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025 Top Trending local enterprise accounting software [Click Here] Esseps Learn More Undo 'We are very excited to announce that the Mexico City Grand Prix will continue to be part of our calendar until 2028. Formula 1 is energy, passion and emotion, and every year the unique atmosphere created by our fans in Mexico City is one of the most incredible and energetic experiences of our championship." Further, Domenicali said: 'I want to express my sincere thanks to President Claudia Sheinbaum for her strong commitment to Formula 1, to the Head of Government Clara Brugada for her continued support and to Alejandro Soberón Kuri, whose leadership has been fundamental to the success of this event. I also want to thank the local stakeholders and businesses that share our vision and who make this event so special.' Adding that Mexican fans can expect a lot more this October, Domenicali said: 'We look forward to continuing this extraordinary collaboration together and seeing the incredible enthusiasm of the Mexican fans again in October.' CIE CEO Alejandro Soberon Kuri feels the extension will benefit Mexican economy Meanwhile, Alejandro Soberon Kuri, President and CEO of CIE said, the three year extension is said to benefit the Mexican economy. He said 'We are very excited to announce that the Mexico GP will be held for three more years. We are deeply grateful for the invaluable support of the Government of Mexico City, from the Head of Government of Mexico City, Clara Brugada, to our President, Claudia Sheinbaum, as well as Stefano Domenicali from Formula 1, who have made it possible to continue bringing Formula 1 to our country.' He further added: 'This not only contributes to the economic development of Mexico City, but also promotes our city, as well as our country, in a significant way worldwide. Together, we will continue to work hard to ensure that fans get the most out of an event that offers a unique live entertainment experience, and which for almost 10 years has shown the world the quality of the events we organise in this city.' Also Read: Shaila-Ann Rao returns to FIA as President Mohammed Ben Sulayem appoints her as Advisor
Newsweek
30-04-2025
- Automotive
- Newsweek
Formula 1 Announces New 3-Year Contract Extension With Grand Prix
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Formula 1 has signed a three-year contract extension with the Mexico City Grand Prix, meaning it will remain on the calendar through to the end of 2028. The Autodromo Hermanos Rodríguez circuit, which was built in 1959, has been a feature on the F1 calendar since 2015, and has been a fan-favourite for it's incredible atmosphere as well as the challenging circuit. As the track sits at over 2km above sea level, the teams and drivers have additional difficulties to tackle, making for some unpredictable racing. Commenting on the new extension, F1 President and CEO Stefano Domenicali stated: "We are very excited to announce that the Mexico City Grand Prix will continue to be part of our calendar until 2028. Formula 1 is energy, passion and emotion, and every year the unique atmosphere created by our fans in Mexico City is one of the most incredible and energetic experiences of our championship. Fans show their support as Sergio Perez of Mexico drives the (11) Oracle Red Bull Racing RB20 on track during qualifying ahead of the F1 Grand Prix of Mexico at Autodromo Hermanos Rodriguez on October... Fans show their support as Sergio Perez of Mexico drives the (11) Oracle Red Bull Racing RB20 on track during qualifying ahead of the F1 Grand Prix of Mexico at Autodromo Hermanos Rodriguez on October 26, 2024 in Mexico City, Mexico. More"I want to express my sincere thanks to President Claudia Sheinbaum for her strong commitment to Formula 1, to the Head of Government Clara Brugada for her continued support and to Alejandro Soberón Kuri, whose leadership has been fundamental to the success of this event. I also want to thank the local stakeholders and businesses that share our vision and who make this event so special. "We look forward to continuing this extraordinary collaboration together and seeing the incredible enthusiasm of the Mexican fans again in October." President and CEO of CIE, Alejandro Soberón Kuri, also noted: "We are very excited to announce that the Mexico GP will be held for three more years. We are deeply grateful for the invaluable support of the Government of Mexico City, from the Head of Government of Mexico City, Clara Brugada, to our President, Claudia Sheinbaum, as well as Stefano Domenicali from Formula 1, who have made it possible to continue bringing Formula 1 to our country. "This not only contributes to the economic development of Mexico City, but also promotes our city, as well as our country, in a significant way worldwide. Together, we will continue to work hard to ensure that fans get the most out of an event that offers a unique live entertainment experience, and which for almost 10 years has shown the world the quality of the events we organise in this city." The 2025 Mexico City Grand Prix is set to take place on 24-26 October.
New York Times
30-04-2025
- Automotive
- New York Times
Mexico City Grand Prix extends Formula One contract until 2028
The Mexico City Grand Prix has secured a new contract to host a Formula One race at the Autodromo Hermanos Rodriguez track in the Mexican capital until 2028. The Mexican event has featured on the F1 calendar for three distinct periods through the championship's 75-year history, with its current run starting back in 2015. Advertisement The race's current deal with F1 promoter Formula One Management (FOM) had been set to conclude at the end of 2025, after the race was granted two separate three-year extensions following the conclusion of its original five-race contract in 2019. This includes running through the 2020 season most impacted by the COVID-19 pandemic, when Mexico did not host a race. 'We are very excited to announce that the Mexico GP will be held for three more years,' said Alejandro Soberón Kuri, CIE president and CEO, in a statement. 'We are deeply grateful for the invaluable support of the government of Mexico City, from the head of government of Mexico City, Clara Brugada, to our president, Claudia Sheinbaum, as well as Stefano Domenicali (CEO) from Formula 1, who have made it possible to continue bringing Formula 1 to our country.' The Mexican Grand Prix first appeared on the F1 calendar back in 1963, with the Magdalena Mixhuca track hosting seven races in the following years. The Autodromo Hermanos Rodriguez then held seven more F1 world championship races between 1986 and 1992. The track's current run of races coincided with the rise of Sergio Perez —statistically Mexico's most successful F1 driver. He scored six race wins and 33 other podium finishes after commencing his F1 career with Sauber back in 2011. He most recently raced for the Red Bull team alongside world champion Max Verstappen, but was dropped from the squad at 2024's end. This led to concern amongst CIE officials about the race's chances of retaining its slot, but several factors have combined in its favor around the new deal. First, the Mexico City Grand Prix, as the event has been known since 2021, has been consistently popular with fans — with 404,958 people attending the most recent event over three days in October 2024. This figure includes 154,124 people attending race day alone. Then Ferrari driver Carlos Sainz dominated that day, where Perez produced a very poor showing that included a jump start penalty, a clash with the driver that briefly replaced him at Red Bull — New Zealander Liam Lawson — and getting lapped by the winner. Advertisement The race has also won awards from within the F1 community, with FOM handing it the 'Best Promoter' award at the FIA Prize Giving ceremonies five years in a row between 2015 and 2019. Perez has also been linked with a fast return to F1 racing action, if he can do a new deal with the Cadillac team that will enter the championship in 2026. But even if Perez is unsuccessful, in recent years CIE has been implementing a ticket sales strategy aimed at ensuring the race would remain popular even without a home driver to support – boosted by the current run of close racing between multiple teams generating an exciting on-track spectacle, as well as ongoing new fan interest generated by the 'Drive to Survive' Netflix series. 'We are very excited to announce that the Mexico City Grand Prix will continue to be part of our calendar through the 2028 season,' said Domenicali in a statement. 'Formula 1 is energy, passion and emotion, and every year the unique atmosphere created by our fans in Mexico City is one of the most incredible and energetic experiences of our championship.' Verstappen is the most successful F1 driver in the Mexican F1 race, with five wins scored between 2017 and 2023. The Autodromo Hermanos Rodriguez track is situated in south-east Mexico City and is named after racing driver brothers Ricardo Rodríguez and Pedro Rodríguez. The latter is Mexico's second most successful F1 driver, with two world championship victories before his death in a sports car race in 1971. (Jared C. Tilton/Getty Images)
News18
26-04-2025
- Automotive
- News18
Mexico City GP Set For Three-Year Extension With F1; To Be Hosted Through 2028
Last Updated: The Mexico City GP returned to the F1 calendar after a two-decade absence in 2015. The Mexico City Grand Prix is set to renew its Formula One contract for three more years through 2028. The head of government in Mexico City, Clara Brugada, made the exhilarating announcement during a press conference, unveiling that the highly anticipated three-year extension with F1 is set to be inked imminently. 'Next week, we will be signing the agreement with F1," she said when asked about the future of the race. Brugada's bold declaration has confirmed that negotiations with Formula 1's management have reached a successful conclusion, paving the way for an electrifying future for the Mexico GP. This monumental contract extension follows a series of successful renewals for the beloved Grand Prix, ensuring its continuity under a privately funded model. The Mexico City GP returned to the F1 calendar after a two-decade absence in 2015. Since federal support was withdrawn in 2018, the event has been sustained by local organizers and private stakeholders through a dedicated trust fund, demonstrating unwavering commitment and passion for the sport. The agreement lasted until 2022, although in reality only two races were held because in 2020 F1 did not leave Europe and the Middle East due to the COVID-19 health crisis. Another new three-year contract allowed the Autódromo Hermanos Rodríguez and F1 to extend the deal until 2025. It had been suggested that the race's future had hinged on Perez's involvement in the championship, given his popularity had been one of the catalysts for the race's reinstatement after 21 years away from the calendar. But evidently, the desire for the race remains without him. The 2025 race is scheduled for Oct. 26 at Autodromo Hermanos Rodriguez. Spain's Carlos Sainz is the defending champion. First Published: April 26, 2025, 13:39 IST
