The Grand Prix of Mexico will end its third stage in the country this 2019 after the federal, local and Inter-American Entertainment Corporation (CIE) did not reach an agreement to renew their contract with Liberty Media, owner of Formula 1, said sources to ESPN.
After months of negotiations, CIE could not convince the government led by President Andrés Manuel López Obrador to pay the 800 million pesos needed to maintain the Gran Circo during the next five years.
The non-renewal of the contract and the departure of Mexico from the calendar coincide with the arrival of two countries to it, Vietnam and the Netherlands, the latter announced on Tuesday and which will return after 35 years. In addition, they count on the grid with the presence of the young Max Verstappen.
Mexico is one of the two countries that will be left out of Formula 1 from next year and in the absence of confirmation of the calendar, other circuits that have not renewed with Formula 1 are Silverstone (England), Hockenheim (Germany) and Montmeló (Spain) ).
In the absence of the last edition in the AHR, Mexico became the best race of the circuit for four consecutive years, something that has not achieved any other during the calendar.
According to the federal government, the 2017 edition left an economic spill in the capital of the country of 14 billion 770 million pesos, which makes it the sporting event that leaves more money nationally.