The Head of Government of Mexico City Claudia Sheinbaum said that by the year 2020 the federal administration does not intend to allocate 400 million pesos for the realization of the Grand Prix of Formula One, which comes from the Tourism Fund since it will bet on the construction of the Mayan Train.
Federal Government prefers to invest in Tren Maya than in F1 GP de México
"By 2020, the federal government has no longer contemplated this resource because it is allocating most of the fund to the completion of the Mayan tourist train or the Mayan Train." Formula One of 2019 is going to be carried out because since the previous year past administrations has allocated this amount, "said the president.
Sheinbaum Pardo said they are in talks with the company organizing the event to try to reach an agreement.
"We have sat down with Ocesa who are the ones who have the concession of this show to see if the amount can be lowered or if there are some other alternatives, for Mexico City, it is very expensive to pay 400 million pesos".