São Paulo (AP) – Formula 1 is dropping its plans for future races in Rio de Janeiro and will continue to run in São Paulo until at least 2025.
The circuit in Interlagos remains home to the Brazilian Grand Prix, the racing series announced on Wednesday. The race should actually take place on a new track in Rio de Janeiro next year. But because building permits were lacking and environmentalists raised serious concerns, the deal fell through.
The World Cup competition in São Paulo will be organized by a new marketer in the future. Brasil Motorsport is owned by Mubadala, a global investment company based in Abu Dhabi. “It was a big effort to keep the race in our city,” said Mayor Bruno Covas. Outgoing Formula 1 Director Chase Carey said: “Brazil is a very important market for Formula 1 with its loyal fans and long history in the sport.”
For next season, the guest appearance in São Paulo on November 14 is the third last race on the calendar. Interlagos has organized Formula 1 every year since 1990.