Negotiation period extended for Miami F1 race

Negotiation period extended for Miami F1 race

Formula 1

Negotiation period extended for Miami F1 race

Plans for a Miami Grand Prix will be formally suspended, but not scrapped, at a meeting of the Miami City Commission on Thursday.

Initially slated to join the calendar in 2019, the race has been delayed by at least a year following opposition concerning the use of waterfront areas near the American Airlines Arena. The initial circuit plans featured a proposed layout using Biscayne Boulevard and the Port Miami area, but with public funding set to be debated in July, F1 managing director of commercial operations Sean Bratches said both the sport and Miami authorities had decided “to postpone sign-off until later in the summer” while targeting a 2020 race.

With no further significant developments since then, the next meeting of the Miami City Commission on Thursday September 27 will request that the topic of executing the host city agreement be indefinitely deferred.

A ten-year contract was originally being sought to host the race until 2029, and a deferral on the decision will allow all parties to continue seeking a resolution. F1 has been targeting an October race date in partnership with the United States Grand Prix in Austin, meaning there is a little over two years before a potential inaugural race in 2020.

A fan festival will still take place at Bayfront Park in the days leading up to this year’s US Grand Prix, with live demonstrations planned for October 17.

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