Rio has no Money for Universities but will Build a new Racing Track

After the Olympic Games in 2016, Rio is supposed to welcome a Grand Prix in 2020. While the much-praised Olympics have left Rio mired in debt, it remains to be seen what this F1 mega event will do to the city's alarming finances.  

By Arkady Petrov

RIO DE JANEIRO, BRAZIL - "Bread and games" (from Latin: panem et circenses) is a metonymic phrase critiquing superficial appeasement.

In a political context, the phrase means to generate public approval, not by excellence in public service or public policy, but by diversion, distraction or by satisfying the most immediate or base requirements of a populace.

Brazil's president Jair Bolsonaro announced on Wednesday that Rio de Janeiro will host the Brazilian Grand Prix in 2020. This can also be seen in this context.

A return of F1 to Rio was Subscribe to our Premium Membership Plan. Already Subscribed?