Toto Wolff reveals the reason behind Hamilton’s one year contract

Toto Wolff says the decision to only agree to a one-year contract extension with Lewis Hamilton was the result of both parties wanting time to finalise a longer deal. Mercedes ended weeks of speculation on Monday when it announced that seven-time Formula 1 world champion Hamilton would be staying on with the team in 2021. But the fact that only a single-season contract was agreed prompted some surprise, and fuelled talk that 2021 could be the British driver’s last season in F1. Speaking to media on Monday, Wolff explained the background to Hamilton’s contract length – and made clear that there was a desire from both to delay lengthier discussions regarding 2022 and beyond until the current season got going. Wolff said that complications caused by both he and Hamilton catching coronavirus, which derailed hope of talks taking place towards the end of last season, forced a change of plan. “We jointly agreed on a one year deal,” said Wolff. “First of all, there is a substantial regulation change in 2022. “We also want to see how the world develops, and the company. Plus on the other side, it’s because we kept it very late. “We wanted to discuss the contract at the end of the [2020] season between the Bahrain races and then obviously, Lewis didn’t feel well. “In the end, we started our conversation just before Christmas so it was important to get it done as soon as possible. “And in that respect, we thought, let’s postpone the discussion about 2022 and onwards to a later stage in 2021.” Wolff explained that the ongoing uncertainties about the impact of coronavirus on F1, and especially in relation to team budgets, meant that it was difficult to make certain commitments now about a longer term contract. That is why he feels contract talks in summer will be much clearer – and will allow time for proper discussion. “There are uncertainties in the world that affect the way that the sport can operate, that have an influence on our revenue, TV monies, and on sponsorship income,” he said. “Daimler, Mercedes, is in a huge transformation towards electric mobility and that means investments. So we are living in a financial reality that is very different to what it was a few years ago. “But having said that, we are totally in line, Lewis and me and the wider group at Mercedes about the situation. So there was never any discrepancy in opinion. “It was just that we felt we could get a good signature on the 2021 contract because we just need to get going and then find some time during 2021, earlier than this time around, to discuss the future. “And it’s not only specifically to 2022, but also beyond. And that is not something that we wanted to carve out via videoconferencing between Christmas and the end of January.” Wolff also rubbished any talk of Hamilton demanding a driver veto in his contract to avoid being partnered with another superstar driver, like Red Bull ace Max Verstappen. He added that suggestions pay talks had hit a sticking point over a potential revenue share of Mercedes incomes were “baseless”. “On the specific clauses that were out there in the media, I don’t know where they came from because none of that is true,” he said. “I actually read about this, and I found it interesting, but the truth is that there was not one second of discussion about any driver specific clause. “He has never asked for that in the last eight years and it’s a team decision. “And the other clause about a revenue share – that came out of nowhere. “That rumour was baseless too, so none of that was ever part of our discussions.”

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Mercedes confirms Lewis Hamilton for a new 2021 deal

The on-going contract saga at Mercedes has finally come to an end with world champion Lewis Hamilton signing a new deal for the 2021 season. The 36-year-old won his record-equalling seventh title last season in dominant fashion over teammate Valtteri Bottas, but a new deal for the Brit was a long time in the making. With rumours about Hamilton’s salary demands, Team Principal Toto Wolff admitted there were ‘curve balls’ for the lawyers to deal with in recent weeks. However, Mercedes and Hamilton today (Monday) confirmed an extended deal for the forthcoming season. A statement read: “A significant part of the new agreement builds upon the joint commitment to greater diversity and inclusion in motorsport that was made last year by Lewis and Mercedes. This will take the form of a joint charitable foundation, which will have the mission of supporting greater diversity and inclusion in all its forms in motorsport.” “I am excited to be heading into my ninth season with my Mercedes teammates,” Hamilton said. “Our team has achieved incredible things together and we look forward to building on our success even further, while continuously looking to improve, both on and off the track. “I’m equally determined to continue the journey we started to make motorsport more diverse for future generations and I am grateful that Mercedes has been extremely supportive of my call to address this issue. I’m proud to say we are taking that effort further this year by launching a foundation dedicated to diversity and inclusion in the sport. I am inspired by all that we can build together and can’t wait to get back on the track in March.” Wolff added: “We have always been aligned with Lewis that we would continue, but the very unusual year we had in 2020 meant it took some time to finish the process. “Together, we have decided to extend the sporting relationship for another season and to begin a longer-term project to take the next step in our shared commitment to greater diversity within our sport. “Lewis’s competitive record stands alongside the best the sports world has ever seen, and he is a valued ambassador for our brand and our partners. The story of Mercedes and Lewis has written itself into the history books of our sport over the past eight seasons, and we are hungry to compete and to add more chapters to it.” Mercedes will launch their 2021 contender on March 2.

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Kevin Magnussen among drivers to race for Peugeot WEC in 2022 beside di Resta and Vergne

Ex-Haas Formula 1 driver Kevin Magnussen has been named as a driver for Peugeot’s new WEC entry in 2022, alongside fellow former F1 drivers Paul di Resta and Jean-Eric Vergne. Ex-Haas Formula 1 driver Kevin Magnussen has been named as a driver for Peugeot’s new World Endurance Championship entry in 2022, alongside fellow former F1 drivers Paul di Resta and Jean-Eric Vergne. The full roster of drivers also includes Le Mans winner Loic Duval, Gustavo Menezes and Mikkel Jensen, while ex-F1 test driver James Rossiter will serve as development and reserve driver for the French manufacturer’s return to the top flight of sportscar racing. Magnussen recently made a successful sportscar debut in the Daytona 24 Hours last month, finishing fifth with Ganassi Racing Cadillac teammates Renger van der Zande and Scott Dixon after a late puncture ruined their chances of victory. The six drivers will be split across two Peugeot LMH hybrid prototype entries, though the exact line-ups for the 2022 WEC season are yet to be announced. “Le Mans is the biggest endurance race in the world, it’s the race everyone wants to win, it has a lot of history and Peugeot is a big part of that history, and I hope to be able to add to that history,” Magnussen said in a Peugeot video. “I’ve learned a lot, I’ve gained a lot of experience in the seven years I’ve had in F1, working with complex and advanced racecars but also being in a high-pressure environment. “When we go to Le Mans and the World [Endurance] Championship, we’re going to face a lot of pressure and I think working in that environment is something that I’m very accustomed to. So I’m looking forward to this new chapter. “I have high ambitions and I think, looking at the past, Peugeot have always been very successful in every motorsport programme that they’ve joined, and that matches my ambitions at Le Mans and the world championship.”

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Aston Martin reveals 2021 car will have a whole new chassis

Aston Martin team principal Otmar Szafnauer has confirmed the team’s first car this year will carry an entirely new chassis despite the supposed carryover of parts from last season. In the wake of the Covid-19 pandemic that severely affected F1 over the first part of last season, it was agreed that the introduction of new regulations would be delayed by a year to 2022 and there would be a freeze on last year’s cars into this season in a bid to save money. The teams, however, were still permitted two development tokens each under the rules to use as they saw fit, which has resulted in Aston Martin opting for chassis changes. This is due to the fact the FIA has made significant tweaks to the regulations to trim downforce. “We didn’t have the normal latitude of development that we usually do, so from a philosophy standpoint in running a low-rake car, that has stayed the same,” Szafnauer told Sky Sports F1. “Having said that, even though we didn’t have a lot of latitude for development, the FIA did make aerodynamic changes, and significant ones to take downforce away and slow us down. Because of that, we have had to redevelop the whole thing. “This is the first time that a carryover car has had many of its parts new, so although the philosophy is carryover we will still have a lot of new parts on the car, a lot of new aerodynamic development, even a new chassis for us as well. “Although the car will be similar to last year, it’s predominantly new.” The four aerodynamic changes are all relatively minor, but when added together they do significantly affect downforce, leading to a team like Aston Martin opting to work on how it can make gains again in this area. Whichever team has greater success then it could ultimately prevail in the race for the best of the rest behind Mercedes and Red Bull. After narrowly missing out on third in the constructors’ championship last season to McLaren, Szafnauer has confirmed “it will be the target for us” for the coming year. “I don’t think it will be easy, we’ve got some formidable competitors there,” he added. “Ferrari will work hard over the winter to do better than they did last year; McLaren gets a new powertrain, the same one that we have, and I’m sure they did that for reasons of competitiveness. “And then there are some driver movements as well, so we’ll see how all that pans out. There are some differences. “And, of course, the FIA have big rule changes. They took out big chunks of the floor for us to lose downforce and depending on how the teams claw that downforce back, that’ll have a big impact on performance as well. “So there are some things that have changed over the winter, and it will be really interesting to see the job everybody has done and how it pans out in the competitiveness stakes.”

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Russel wins the Silverstone Virtual Grand Prix as Albon is penalised

George Russell celebrated his return to F1’s Virtual GP series on Sunday, the Williams driver edging Alex Albon at Silverstone after the Red Bull driver was hit with a time penalty. Russell, who won last year’s Virtual GP series winner but was unavailable to take part in last week’s opening round in Austria, launched his race from fifth on a grid where positions were once again determined by a sprint race involving pro Esport racers. Brendon Leigh’s victory for Ferrari in the 5-lap event handed pole position for the British GP to Callum Ilott, with Albon sharing the front ahead of Alfa Romeo’s Thibaut Courtois and McLaren’s Jimmy Broadbent. Ilott held his own in the opening laps while an incisive Courtois quickly put one over Albon, with Russell moving up to P4. The Williams driver took advantage of a close wheel-to-wheel battle between Courtois and Albon to pass both drivers and set off in pursuit of leader Ilott. The Ferrari driver swapped his soft tyres for a set of mediums on lap 10 just as Albon overtook Russell and took command of proceedings. But the Red Bull charger was then handed a 3-second time penalty for repeatedly exceeding track limits. Albon and Russell remained on their own up ahead until the pair pitted for softs. Ilott found himself once again in the lead but could do nothing to contain the dueling Albon-Russell duo. Russell appeared to remain just close enough to his rival to finish second on the track and win on time, but the Williams driver’s killer instinct kicked in and the pair enjoyed a battle royal on the final lap. Albon edged Russell on the track but the latter took top spoils when the Red Bull drivers’ time penalty was applied. Ilott completed the podium, despite also receiving a time penalty, while Pietro and Enzo Fittipaldi finished P4 and P5 for Haas, with Liam Lawson rounding off the top six for Red Bull.

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D’Ambrosio enjoying deputy boss role for Venturi team as well as racing

Former Formula 1 driver Jerome D’Ambrosio is enjoying his new role as deputy team principal for the Venturi Racing Formula E team as much as his career as a full-time racer. D’Ambrosio who was formerly driving for Marussia and Lotus on the F1 grid switched to Formula E back in the inaugural 2014 Formula E championship held in Beijing. He has managed to do the 68 out of the 69 Formula E races up to date after failing to start in the second round of Saudi Arabia last season due to the unreliability of the Mahindra FE car that he was driving then. Later on October last year, he announced his formal retirement from professional driving to take up a managerial position at Venturi, reporting to team principal Susie Wolff. When asked by Autosport.com if he was enjoying his new role as much as his racing career, he said: “Yeah, actually I do. “It’s been a fantastic opportunity for me, and it’s been amazing to be able to walk away from the driver role into a new role and such an exciting one with such a short transition period. “I still have the racing side of things – I’m a competitor. I want to win and I want to get that feeling of competition. “At the same time, I’m able to touch all the other aspects of motorsport, which I really enjoy as well and always did.” The Monaco-based Venturi squad finished ninth of the 12 teams last season and has replaced 11-time F1 race winner Felipe Massa with FE rookie Norman Nato for 2021. The team has also been sold to an investor group led by Scott Swid and Jose Maria Aznar Botella, son of the former Spanish prime minister and FE co-founder Alejandro Agag’s brother-in-law. The 35-year-old added, “I feel like I can contribute in a different role but just as much, if not even more, than I used to in the past as a race driver. “I joined Venturi and there were some challenges last season and I think we’ve worked hard to address a lot of them and to progress and to fight at the front for the podiums when we can. That’s our goal.”

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Aston Martin and Mercedes will not be participating in the British virtual GP

One of the few positive developments due to the coronavirus pandemic was F1 drivers competing with each other virtually in front of a big audience and this alone led to F1, through their official channels deciding to continue with virtual racing up to date. This Sunday, the second virtual Grand Prix of 2021 is already scheduled. In the first virtual Grand Prix which was held last week was won by Enzo Fittipaldi who is the grandson to legendary F1 driver Emerson Fittipaldi. He won under the Haas F1 team in which his brother Pietro Fittipaldi made some real stints with the team in the 2020 F1 season. The brothers will be driving with the Haas team in the virtual British Grand Prix. There are also other Formula 1 drivers who we normally see on the real F1 grid that will be racing in the virtual Grand Prix. They include Alexander Albon and Liam Lawson who will be racing under Red Bull, Robert Shwartzman and Callum Ilott with be racing with Ferrari as George Russel and Nicholas Latifi with be racing with Williams. Mercedes and Aston Martin will however not participate in the online event. The two teams did not bother to call up a few drivers to participate in the event not even their sim drivers. The virtual Grand Prix will be kicking off on Sunday at 1900 hrs and the event can be followed on the youtube channel of F1

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Haas not yet done with Grosjean and Magnussen as team is willing to call on them as F1 reserves

Haas Formula 1 boss Guenther Steiner hasn’t ruled out calling on Romain Grosjean or Kevin Magnussen should the team need a replacement driver during the 2021 season. However the priority will be to employ a reserve who can attend all the races and at the track in case of any late issues with regulars Mick Schumacher and Nikita Mazepin. Both of Haas’s former drivers have found employment in the USA, with Magnussen competing in the IMSA SportsCar Championship and starring in the recent Daytona 24 Hours, while Grosjean confirmed his move to IndyCar. Neither would be available or willing to travel to F1 races regularly as a reserve but could still be called upon if they were free from other commitments and there was sufficient lead time to get them to a race venue. Grosjean made it clear this week that he would be ready to step in if he gets a call from an F1 team. “I wouldn’t mind if they are free,” Steiner told Autosport. “I think they will be happy to come back as well. I haven’t asked them, but I don’t think they have any bad feelings.” Steiner is still regularly in touch with both men and he’s pleased that they have found new jobs. “I actually texted Romain just before, because I had to ask him something, I spoke with Kevin last weekend when he was in Daytona. So I’m very happy for them,” Steiner said. “And as was always said, we parted ways, but I think in life, we still work together. There was no fallout. For sure, they weren’t happy, but they weren’t unhappy. They had a good time, we had a good time. “All good things come to an end in life, that was one of them, but we still keep our relationship. I’m very happy that they both keep on doing what they like to do.” Steiner confirmed that the team intends to have a reserve on site on race weekends, as was the case last year, and hasn’t ruled out renewing the deal with Pietro Fittipaldi, who replaced the injured Grosjean in the last two events of 2020. “I think we have to carry on this year with a third driver like we did last year, because of COVID. You never know when it hits you. If you ever need a third driver at the track, it is now,” he said. “There’s no rush to name anybody. We are talking with Pietro, obviously. But there is no big rush from our side and not from his side.”

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Avintia reveals their new look for 2021 MotoGP

Avintia has become the first team on the 2021 MotoGP grid to unveil its colours for the new season, with the squad sporting a new look with its all-rookie line-up. The Ducati satellite squad enters its 10th season in the premier class in 2021, fielding reigning Moto2 world champion Enea Bastianini and series runner-up Luca Marini in an all-new rider pairing. Marini – half-brother to MotoGP legend Valentino Rossi – will be backed by the VR46 team in his debut season, and will run the outfit’s livery, having unveiled it during Italy’s version of the X Factor late last year. Bastianini’s 2019-spec Ducati will be run in revised Avintia colours, unveiled at the team’s virtual launch event on Instagram on Friday evening. Avintia’s first season as an official Ducati satellite (having previously been merely a customer team) netted it its first-ever MotoGP podium, courtesy of Pramac-bound Johann Zarco in last year’s Czech Grand Prix. The team will continue to have some technical support from Ducati, though both riders will be on two-year-old bikes owing to the freeze on engine development brought in as part of COVID-19 cost-saving measures. Avintia’s future beyond the 2021 season remains unclear, with team owner Raul Romero admitting to Autosport last year he will not renew with Dorna Sports for 2022 and beyond. This came amid speculation VR46 could take over Avintia’s grid slots for 2021 – something which will be easier in 2022 at the dawn of a new contract period between MotoGP and the teams. With Marini running VR46 colours (above) and elements of the VR46 team set to join him at Avintia this year, this only strengthens the team’s prospects of stepping up properly in 2022. From here, the launches come thick and fast, with the works Ducati squad the next to show off their 2021 colours 9 February, before KTM unwraps its factory and Tech3 liveries on 12 February. The 2021 MotoGP season is due to start on 28 March with the Qatar GP, with a second race at Losail added to the schedule following the postponement of the US and Argentine GPs due to the COVID-19 pandemic.

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Huge fire breaks out at Argentina’s Termas de Rio Hondo MotoGP circuit

The Autodromo Termas de Rio Hondo, home of the Argentine Grand Prix, has suffered extensive damage overnight after a major fire broke out in the pit building. The circuit have confirmed that the fire, which started in the track’s main building, has destroyed the garage complex, media centre, TV broadcast booths, VIP are and race control, leaving the facility an almost complete loss. The fire was first reported just before 11pm local time, with rescuers responding from a number of nearby stations due to the severity of the blaze. The circuit’s museum collection, which was also believed to be at risk, has been saved. Speaking in a statement released this morning, circuit director Hector Farina said that the news could have been much worse. “The racetrack has full insurance against fire, so the issue of economic damage is covered in that sense, but it will surely take a long time to rebuild that important area necessary for national and international competitions. “Thank God there were no victims to mourn, and we want to thank all those who collaborated in this accident that generated moments of great danger due to the wind that ate. “Thank you very much to different firefighters endowments, police officers, municipal staff, racetrack workers. “They did everything they could to prevent further damage. We will work from now on to do everything possible to comply with the schedules we have planned, including the MotoGP in November.” Termas de Rio Hondo first hosted MotoGP in 2014, when the series returned to Argentina for the first time since 1999. Last year’s race was cancelled due to the coronavirus pandemic, and 2021’s remains officially postponed but was not expected to be held again until 2022 even before the fire broke out.

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Pierre Gasly donates Imola helmet to Senna foundation

AlphaTauri driver Pierre Gasly has donated the Ayrton Senna-inspired helmet that he wore at last year’s Emilia Romagna Grand Prix to the Senna Foundation. Gasly wore the helmet, designed with the blessing of the Senna family, upon Formula 1’s return last year to Imola, the venue where Senna sustained fatal injuries in 1994. Gasly qualified a standout fourth for AlphaTauri but retired from the race due to a power unit issue. The helmet will now go up for auction in order to raise funds for the Senna Foundation, which supports the education of children and young people in Senna’s native Brazil. Gasly has also made 1:2 scale mini helmets available, which have been signed on the visor, and funds raised from those sales will also be donated to the Senna Foundation. Gasly, who won last year’s Italian Grand Prix at Monza, will stay on at AlphaTauri this year, alongside rookie Yuki Tsunoda. Formula 1 is due to return to Imola for the Emilia Romagna Grand Prix on April 18.

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Mazepin to race under neutral flag due to Russia sports ban

Russian driver Nikita Mazepin will almost certainly have to race as a ‘neutral’ driver in Formula 1 when he makes his maiden appearance for the Haas F1 Team this season. Russia is currently banned from competing at all world championship sporting events as a result of state-sponsored doping that took place at the 2014 Winter Olympics in Sochi. It means that there will be no Russian team competing in this year’s Olympic Games in Tokyo, or next year’s FIFA World Cup. And last month the Court of Arbitration for Sport (CAS) confirmed that the two-year ban also extended to F1. The Russian Automobile Federation (RAF) said this week that it had received clarification from the FIA about the CAS ruling that this ban would extend to drivers racing under the Russian flag. It means that Mazepin will not be allowed to use national flags, emblems, symbols and anthems and will instead race as a ‘neutral athlete from Russia’ and be listed as ‘Russia. Neutral athlete’. Any use of the word ‘Russia’ on their clothing must be balanced by ‘Neutral Athlete’ with equal prominence. The colours of the Russian flag are permitted, and the FIA will also allow the acronym RAF to appear. The Russian national anthem at FIA events will be banned meaning it will not be played before this year’s race in Sochi. But the Grand Prix itself can still go ahead and Russian officials including President Vladimir Putin will be allowed to attend, while fans will be able to bring Russian flags to wave in the grandstands. The ban on official Russian participation also extends to other FIA world championships including Formula E, the World Rally Championship, the World Endurance Championship, and World Rallycross. But it is not expected to be imposed in Formula 2 which is not considered a world championship under the CAS ruling, meaning that Ferrari junior driver Robert Shwartzman is not expected to be affected.

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Lewis Hamilton spotted in a £140k Porsche Taycan in Beverly Hills

Seven time world champion Lewis Hamilton is currently locked in a contract stand off with Mercedes, after his £40million-a-year deal with his Formula One team expire at the end of December and Hamilton appeared keen to distract himself from the ongoing drama on Friday, when he was spotted jewellery shopping at Beverly Hills’ XIV Karats Ltd. The racecar driver, 36, departed his spending spree in style, exiting the upscale establishment sporting a neck full of blinding bling as he drove off in his £140,000 2000 Porsche Taycan Turbo S. Sources tell MailOnline that the Hertfordshire-native spent more than three hours in the tony jewellery store, located just a stone’s throw away from the famed Rodeo Drive. He stepped out in casually cool style for the solo excursion, sporting a cream sweater emblazoned with the word ‘optimism’, which he teamed with a pair of matching jogging bottoms and box fresh white Jordans. Adhering by COVID-19 safety protocols, he wore a white face mask, while he shielded his eyes from the Southern California sunshine with a pair of stylish shades. Lewis’ spending spree comes amid reports he’s been locked in a contract stand off with Mercedes as both sides struggle to settle on a new deal. Mercedes has just a month to tie him down and the length of a new deal appears to be the sticking point with the Silver Arrows only willing to offer him a one-year deal. It would be a PR disaster to at least not have Lewis on board by March 2 to help unveil Mercedes’ new car they hope can lead them to double world championship glory for the eighth season in a row. Meanwhile, the star’s social life has been under the spotlight over the past week, after American model Grace Lindley was spotted leaving his Beverly Hills hotel cabana on Monday morning. Grace was seen emerging from the same cabana as Lewis, moments before the star sheepishly made his way towards his parked Mercedes at around 9.30am. Hamilton is relaxing in California after testing positive for COVID-19 less than 24-hours after winning the Bahrain Grand Prix on November 29th. He has since made a full recovery.

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Rich Energy to make a major announcement soon

Rich Energy, the mysterious energy drink manufacturer owned by the equally mysterious William Storey, is still in business after the debacle during the 2019 F1 season. Storey is even planning a return to Formula One. But what team still wants to work with this man? Rich Energy made a name for themselves as the main sponsor of the Haas team in 2019. However, the partnership soon broke down when Rich Energy failed to meet payments, causing a row not only with the Haas team but also with their own shareholders. The affair has brought Rich Energy more publicity than a whole season of Formula 1, but with the result that few people in the paddock take Storey seriously any more. Nevertheless, he recently announced that he would like to return to the sport and we might get a decision as soon as next week. Rich Energy’s official Twitter account reports that a major announcement is imminent.

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F1 targeting American and African venues interested in holding races

Formula 1 has confirmed it is in discussions with multiple American and African venues interested in hosting future races. At present, there is just one race in the United States, at the Circuit of the Americas in Austin, Texas. F1 owners Liberty Media has long been in talks with promoters for a grand prix in Miami, with a track around the Hard Rock Stadium, however, that race has yet to come to fruition due to ongoing local opposition. New F1 CEO Stefano Domenicali has confirmed Miami remains on the table, but there are a number of other US venues interested in hosting F1 events. “Miami, there are discussions in place, it is true,” said Domenicali, in a conference call with selected F1 media, including GPFans Global. “But I want to tell you that our strategy in the future is to be more present in the US with more than one grand prix. “As you know, Austin has been important in the last years of our calendar, it will also be in the future. “We are discussing with them the renewal of our agreement. Miami is a place we are looking, I cannot say more than that. For sure there is a big interest from both parties to make it work. “There are other possibilities in the US. Miami is the most advanced in terms of discussions. There are others that are in other areas of the country but they are not at the level that I can say ‘they are there’. “But for sure, I think in the next couple of months we will decide what will be possible in that country, whether it will be rotation.” The Vietnamese Grand Prix, slated for its F1 debut last season before Covid-19 struck the race from the calendar, has been removed altogether following political issues in the country. Whilst confirming the Hanoi street circuit would be considered for a spot on the calendar in the future, Domenicali also suggested there may yet be an Africa-based grand prix. “For sure, Vietnam is not on the calendar but it is still an open option,” he added. “It has been an incredible investment and therefore it is still on the table of discussions for a future event, for sure. “There are other areas that have shown interest that is basically in the north of Africa, South Africa, none that I can tell you. This is something very important, having new places and old places that have a great heritage in Formula 1. “We don’t have to forget that we have lost some European races that are now showing interest to be considered again. We need to decide what is the right balance for the number of races. “We need to see what areas we need for strategic interests, for team interests, for broadcaster interests, for media interests and decide what will be the right way to go.”

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