Formula One owners Liberty Media say a deal is close to being agreed for a Miami Grand Prix in 2021. The sport’s American owners have been in talks with the proprietors of Miami Dolphins’ Hard Rock Stadium about hosting a race in the Florida city.
A proposed feature of the track would be a loop around the iconic stadium, with the rest set to come from adjoining streets. It would take place entirely on land owned by Miami Dolphins’s boss Stephen Rosso and would be evocative of the Ceasar’s Palace races in Las Vegas which took place in 1981 and 1982.
In a joint statement, F1 commercial boss Sean Bratches and chief executive of the Hard Rock Stadium Tom Garfinkel said it is an exciting proposition for the sport and the city. “With an estimate annual impact of more than $400m and 35,000 room nights, the F1 Miami Grand Prix will be an economic juggernaut for South Florida each year,” the statement said.
However, there is expected to be opposition to the plans on a local level. Residents are concerned about traffic, noise and pollution caused by the race, as well as its impact on business. A vote on the proposal is expected in the coming weeks from the Miami-Dade council.11 BUSINESS NUGGETS FROM SUPER EAGLES BRONZE MEDAL TRIUMPH. The content of this ebook will propel you above your competition. DOWNLOAD NOW!!!