There is no hiding Liberty Media's plans to expand the Formula 1 calendar to 25 races in the near future. Miami and South Africa are already potential options and now there is also a potential Panama Grand Prix.
According to reports from the Panamanian newspaper Mi Diario, plans for a Formula 1 race in the country are in place and a circuit is being built. It is possible to hold a race in the city and would add another new destination for the Formula 1 calendar.
The initial design of the circuit that has emerged shows a street circuit through the center of Panama City. The exotic location on the beach is cited as a reason why this would be a great Grand Prix for Formula 1.
In the leaked document, 2022 is indicated as a potential time that the Grand Prix could be held at the circuit. As the contract for the Mexican Grand Prix expires that year, it is possible that a race in Panama could replace it.