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NEW HOME FOR THE BRAZILIAN GRAND PRIX IN 2020

The Brazilian Grand Prix is set to have a new home in 2020 - Photo: LAT

By Bruce Williams

The Brazilian Grand Prix is set to have a new home in 2020 - Photo: LAT

The Brazilian Grand Prix is set to have a new home in 2020 – Photo: LAT

The Brazilian Grand Prix is set to have a new home in 2020 with a new purpose-built circuit planned for Rio de Janeiro.

Announced by the Brazilian president Jair Bolsonaro yesterday, the new facility will be designed by Hermann Tilke designed and built in the western Deodoro district, home to several Summer Olympic venues from the 2016 games.

The news of the Formula 1 moving venues in Brazil follows much speculation about the future of the Brazilian Grand Prix due to financial issues and ongoing security concerns with the existing Interlagos circuit in Sao Paulo.

“The management of F1 has decided to maintain a Grand Prix in Brazil, but Sao Paulo has become impractical because of the event’s public financial support and the debt that exists over there,” said Bolsonaro.

“The new racetrack will be built in six or seven months. The hotel sector will be happy, the state economy as well since it will be six of seven thousands jobs generation. It is good for both Rio de Janeiro and Brazil.”

The new track will be named in honour of Ayrton Senna and replace the Jacarepagua circuit/Nelson Piquet International Autodrome (home to Brazilian Grand Prix during the 1980’s) which was demolished to make way for the Olympic Park in 2016.

The president then tweeted, “After our victory in the elections, Formula 1, which would leave Brazil, decided not only to remain, but also to build a new race track in RJ [City of Rio de Janeiro], which will have the name of the idol Ayrton Senna. With this, thousands of jobs will be created, benefiting the economy and the population of the state.”

Interlagos has hosted the Brazilian Grand Prix consecutively since 1990 with a history in Formula 1 dating back to 1973.

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