MIAMI 2021 F1 AGREED IN PRINCIPLE
The Miami F1 race could still be a goer after Formula 1 announced it had an agreement in principle with the owners of the Miami Dolphins NFL stadium to hold a race in the Floridian city ....
Following many hurdles and set-backs it seems that the F1's owners, Liberty Media are getting there wish of host another grand prix on US soil. In a recent statement
Sean Bratches, F1’s commercial director,and the CEO of the Miami Dolphins, Tom Garfinkel, issued a joint statement covering the new plan to host a race in the Miami Gardens district, near the Dolphins’ Hard Rock stadium.
“We are thrilled to announce that Formula One and Hard Rock Stadium have reached an agreement in principle to host the first-ever Formula One Miami Grand Prix at Hard Rock Stadium,” it read. “With an estimated annual impact of more than $400m and 35,000 room nights, the Formula One Miami Grand Prix will be an economic juggernaut for South Florida each and every year.”
The project, aimed for the calendar in 2021, has been backed by the Dolphins’ franchise and stadium owner, Steve Ross who is expected to cover costs, including an estimated $40m to build the circuit and its immediate infrastructure.
The Miami-Dade County will vote on the approval of on October 28, and should it be passed it would see Formula 1 return to the state of Florida for the first time since the 1959 United Stated Grand Prix at Sebring