We've all heard the rumours. Bernie Ecclestone's torn up the New Jersey contract, and it might not just be part of his usual negotiating tactics.

While I'm still in the camp that thinks the NJ race will happen - as long as they starting paying Bernie on time - rumour has it that Mexico City is primed to fill the vacant slot on the calendar should the second US Grand Prix fall by the wayside.

A Mexican race makes a lot of sense, what with the Telmex money floating around the paddock, Sergio Perez asserting himself as the rising star in F1, and Esteban Gutierrez one to watch in the feeder series. 

When I interviewed Carlos Slim Jr in May, for a feature on the Mexican revolution in Formula One, he was open about the ongoing efforts to bring F1 back to Mexico.

"I think Mexico is in a very good place to be potentially working on bringing a grand prix," he said. "There are some very strong promoters working on that, and I believe there are some very strong reasons to make it happen. One of the most important is that we have a Mexican driver, we have somebody the people can get behind and follow. That is already there – Sergio is having a very good season, and we hope to see Esteban in F1 soon.

"There is work being done on the track, discussions with local and federal government, and a formal presentation [for FOM] is being put together by the organisers. The promoters are working hard, and I believe that someday soon we will have a race in Mexico. More races in the Americas is not just good for the global fan community – it is good for Formula One. It’s the way to keep consolidating a global sport, and I think that’s important for Formula One."

Outside the paddock, Mexico is a country on the rise. While there are still serious problems with drug and gang related violence in parts of the country, the Mexican economy is growing at an impressive rate. Based on current projections, this year the Mexican economy is expected to see 4 percent growth, double that of South American powerhouse Brazil.

Mexico is attracting a lot of foreign investment at the moment, while Brazil is heavily reliant on materials export to China, a country that is itself undergoing financial belt-tightening. 

Rumours of a Mexican Grand Prix in 2014 may prove to be just that, but make no mistake - a Mexico City race is on the horizon, even if current gossip sees the date out by a year or two.
 


Comments

28/09/2012 01:58

The New Jersey thing sounds a bit like that time in January 2011 when the HMRC threatened Force India due to it not filing its tax returns. Both could be translated as, "Do what you previously agreed to do or else." The "I have the power to end your project and am not afraid to use it" is silent.

I remember Mexico trying to get onto the calendar in the mid-2000s. In an environment where it is one of the few growing large economies in the world, its chances of getting a mid-2010s race are surely higher.

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28/09/2012 11:33

There's still a bit of work to be done on the circuit to get it back up to Grade I, I believe. So 2014/15 would be more realistic than a 2013 NJ replacement.

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I luv chicken
28/09/2012 17:38

Come on! Red Bull wouldn't have flown in their people with the show car, and played the Star Spangled Banner, if the race wasn't going to happen.

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28/09/2012 23:03

There have been negative rumours for a while... I don't think it's worth it for Bernie to lose the race, personally, but I keep hearing cancellation talk all the same.

elephino
02/10/2012 10:54

If my memory serves me (and it may not), Austin had its contract "torn up" (not to mention the numerous internal wranglings) and India was threatened with it, I think, about a year before the race (not long before it was delayed).

Plus, while there may be money issues, it's possible that the contract being torn up wasn't just due to that, it could also be for general negotiation purposes - wouldn't be the first time that Bernie has hit a reset button to get more money (or use something else as an excuse to get more money anyway).

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02/10/2012 15:42

What can I say? It's Bernie's way.

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elephino
03/10/2012 05:46

That's the funny part. Bernie's way has hardly changed and yet everyone falls for it every time. I can understand being out-negotiated but can the teams, tracks, etc stop being caught out by the same old tricks?

04/10/2012 06:30

Fool me once, shame on you. Fool me twice, shame on me. Fool me ALL THE SODDING TIME? Well...




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