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Mexico F1 race in jeopardy beyond 2019

The Mexican Grand Prix could disappear from the Formula 1 schedule from 2020 amid rumours the local government could pull its funding of the event.

The race’s contract with Formula 1 expires at the end of this year, and so far it is one of only five races not to have signed an extension beyond the end of the season.

As it presently stands, the Mexican government provides 400m pesos ($20m) of funding for the Grand Prix, but a change of priorities after last year’s general election could see this withdrawn

“For 2020, the federal government has no longer committed this resource,” head of government for Mexico City, Claudia Sheinbaum told El Financiero.

“It is earmarking most of the funds to the completion of the Mayan tourist train or the Mayan train,” Sheinbaum continued, referring to a project to build a railway in the south east of the country at a cost of nearly $10 billion.

The 2019 edition of the race is not under threat according to Sheinbaum. “F1 in 2019 is going to take place because since last year the past administrations committed this amount.”

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