No Formula 1 in Rio de Janeiro due to unprofessional organisers

12-11-2020 06:38 | Updated: 12-11-2020 08:28
by GPblog.com
F1 News
No Formula 1 in Rio de Janeiro due to unprofessional organisers

Rio de Janeiro can pack their bags for the time being. The city in Brazil wanted to organize its own Formula 1 race, but after the promoters asked if they could also have the television rights, the negotiations stopped.

On the Brazilian programme Efe Uno, Victor Martins of Grande Premio announced that Rio had not withdrawn from the negotiations with Formula 1, but that F1 itself had pulled the plug on the project. The promoter is said to have demanded television rights and was therefore no longer taken seriously.

Formula 1 in Brazil

The organisation of the race in Rio had previously stated that they had failed to organize a race because the coronavirus had made the market unstable, Grande Premio says. However, the fact appears that the organization was never able to give a financial guarantee to FOM or Liberty Media.

F1 will now once again be negotiating with Interlagos, which is already on the calendar for 2021. However, there are still doubts about this, as the contract for this circuit expires.

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