City of Rio Offers R$250 Million to Host Formula 1 From 2021

The city of Rio has made an offer of R$250 million to host the Formula 1 Brazilian Grand Prix from 2021 onwards.

RIO DE JANEIRO, BRAZIL - According to reports from the newspaper Estado de S. Paulo, the summit of the world's leading auto racing category recently received an offer with a schedule of bank deposits relating to fees and the submission of financial guarantees to ensure the signing of the contract and, consequently, the event to be held in the neighborhood of Deodoro, West Zone of the City of Rio de Janeiro.

According . . .

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