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3d ago

Mexican Grand Prix Secures Extension Through 2028

Mexico City confirms agreement to keep F1 race on the calendar with private funding model and promoter partnership.

Formula One F1 - Mexico City Grand Prix - Autodromo Hermanos Rodriguez, Mexico City, Mexico - October 27, 2024 General view of Red Bull's Sergio Perez and RB's Liam Lawson in action during the race REUTERS/Henry Romero/File Photo
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Overview

  • Mexico City's head of government, Clara Brugada, announced that the agreement to extend the Mexican Grand Prix through 2028 will be signed next week.
  • The race will continue to operate under a private funding model, established after federal support was withdrawn in 2018.
  • The new three-year extension follows previous contracts that sustained the event since its return to Formula 1 in 2015.
  • Promoters have diversified ticket sales to build a resilient fan base, ensuring the race's popularity remains independent of local driver Sergio Perez's absence from the grid.
  • The Autódromo Hermanos Rodríguez will remain the host venue, highlighting Mexico City's commitment to the race's cultural and economic significance.