Miami race like hosting Superbowl for 10 years

Mayor of Miami, Francis Suarez says hosting a Formula 1 race on the streets would be like hosting the Superbowl "every year".

The first step in the approval process, which was agreed in a Miami city commission meeting on Thursday, sets the way for in-depth negotiations with F1. The targeted outcome is a hosting a grand prix in the Biscayne Bay and Port area next year.

Miami will host the 2020 NFL Super Bowl, so the first Miami GP, planned for next October would take place four months before the Superbowl at the Hard Rock Stadium.

"This is huge – this is authorization from the city commission supporting my agenda item to begin negotiations with Formula 1 formally,” Mayor Suarez said.