IBOV 175,733 ▼ 1.20% IPSA 10,950 ▼ 0.96% IPC MEX 65,922 ▼ 0.86% MERVAL 3,260,681 ▼ 0.60% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,917.82 ▼ 0.47% USD/BRL5.13▲ 0.47% USD/MXN17.52▲ 0.30% USD/CLP931.38▲ 0.71% USD/COP3,242▼ 0.11% USD/PEN3.40▲ 0.37% USD/ARS1,482▼ 0.37% USD/UYU 40.22 — 0.00% USD/PYG6,045▼ 0.17% USD/BOB10.35▲ 2.07% USD/DOP58.30▼ 0.31% USD/CRC448.53▼ 0.06% USD/GTQ7.62▼ 0.10% USD/HNL26.73▲ 0.04% USD/NIO 36.62 — 0.00% USD/VES719.54▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▼ 0.70% USD/TTD6.74▼ 0.12% EUR/BRL5.84▲ 0.41% BRENT 82.92 ▲ 9.09% WTI 77.77 ▲ 8.91% IRON ORE 161.91 — — COPPER 6.28 ▲ 0.75% GOLD 4,006 ▼ 2.39% SILVER 57.87 ▼ 3.24% SOY 1,194 ▼ 0.25% CORN 463.00 ▲ 5.71% WHEAT 635.25 ▲ 0.51% COFFEE 330.50 ▼ 3.64% SUGAR 14.76 ▼ 0.81% ORANGE JUICE 137.15 ▼ 7.24% COTTON 81.49 ▲ 1.96% COCOA 5,808 ▼ 1.88% BEEF 234.95 ▼ 0.11% CATTLE 354.20 ▼ 0.11% LITHIUM 70.23 ▼ 2.90% PETR4 40.80 ▲ 2.90% VALE3 72.55 ▼ 2.20% ITUB4 43.56 ▼ 1.67% BBDC4 18.70 ▼ 0.85% ABEV3 15.81 ▼ 0.06% BBAS3 20.26 ▼ 1.55% B3SA3 14.97 ▼ 2.92% WEGE3 44.48 ▼ 4.36% PRIO3 57.43 ▲ 3.57% SUZB3 41.45 ▼ 0.24% RENT3 40.26 ▼ 2.04% AZZA3 19.17 ▲ 0.37% CSAN3 3.92 ▼ 3.69% RAIZ4 0.33 ▼ 5.71% PCAR3 2.62 ▼ 4.03% GMAT3 3.95 ▼ 0.50% PSSA3 53.84 ▼ 2.06% CVCB3 1.25 — 0.00% POSI3 3.94 ▼ 0.76% SLCE3 13.91 ▼ 0.78% NATU3 8.64 ▼ 0.46% BRKM5 6.83 ▲ 3.02% RANI3 7.95 ▼ 0.75% CSNA3 5.24 ▲ 1.16% CMIN3 5.53 ▲ 5.74% USIM5 8.37 ▼ 0.95% GGBR4 22.94 ▼ 0.30% ENEV3 26.95 ▼ 2.18% CPFE3 47.00 ▼ 1.82% CMIG4 11.08 ▼ 2.64% EQTL3 40.08 ▼ 2.03% LREN3 14.24 ▼ 2.60% VIVT3 34.98 ▼ 2.15% RAIL3 14.08 ▼ 1.95% KLABIN 17.52 ▼ 0.11% RAIA DROGASIL 18.23 ▼ 2.88% RDOR3 35.45 ▼ 1.58% HAPV3 10.41 ▼ 1.79% FLRY3 16.21 ▼ 1.28% SMTO3 16.62 ▲ 1.53% UGPA3 30.95 ▲ 0.78% VBBR3 32.88 ▼ 0.36% BBSE3 40.24 ▼ 0.27% BPAC11 57.63 ▼ 1.87% CURY3 33.37 ▼ 2.46% AERI3 2.06 ▼ 1.44% VIVARA 23.16 ▼ 1.57% COMPASS 24.68 ▼ 3.22% VAMOS 3.01 ▼ 1.63% SANB11 27.23 ▼ 1.41% ASAI3 8.69 ▼ 2.03% SBSP3 30.27 ▼ 2.70% WALMEX 49.52 ▲ 0.41% GMEXICO 195.22 ▼ 2.01% FEMSA 225.32 ▲ 0.90% CEMEX 21.51 ▼ 1.60% GFNORTE 182.49 ▼ 2.20% BIMBO 55.99 ▼ 0.20% TELEVISA 9.63 ▼ 1.03% AMX 22.80 ▲ 0.44% GAP 408.25 ▼ 1.02% ASUR 278.38 ▼ 2.36% OMA 232.76 ▼ 1.57% KOF 180.32 ▲ 0.10% GRUMA 282.98 ▼ 0.20% KIMBER 38.13 ▲ 0.16% SQM-B 67,500 ▼ 0.37% COPEC 6,094 ▼ 0.74% BSANTANDER 78.18 ▼ 1.04% FALABELLA 5,933 ▲ 0.47% ENELAM 85.00 ▼ 0.47% CENCOSUD 2,042 ▼ 0.16% CMPC 1,083 ▼ 2.38% BANCO CHILE 184.85 ▼ 2.13% LATAM AIR 25.41 ▼ 3.24% YPF 77,375 ▲ 4.00% GGAL 8,170 ▼ 1.98% PAMPA 5,280 ▲ 1.93% TXAR 667.00 ▼ 0.60% ALUAR 963.00 ▼ 1.28% TGS 9,650 ▲ 0.57% CEPU 2,350 ▼ 1.92% MIRGOR 17,075 ▼ 1.01% COME 44.80 ▼ 2.42% LOMA NEGRA 3,500 ▼ 2.30% BYMA 308.50 ▼ 1.75% TELECOM ARG 4,230 ▼ 0.35% ECOPETROL 15.88 ▲ 1.93% BANCOLOMBIA 81.17 ▼ 2.15% GRUPO AVAL 4.95 ▼ 2.47% CREDICORP 389.48 ▼ 2.83% SOUTHERN COPPER 174.22 ▼ 0.92% BUENAVENTURA 29.63 ▼ 1.25% MERCADOLIBRE 1,873 ▲ 1.11% NUBANK 13.73 ▼ 0.25% XP 16.33 ▼ 3.52% PAGSEGURO 9.25 ▼ 0.05% STONE 11.12 ▼ 0.85% GLOBANT 32.04 ▲ 6.94% TECNOGLASS 42.50 ▼ 3.19% GAP AIRPORT 233.06 ▼ 1.09% ASUR 278.38 ▼ 2.36% OMA AIRPORT 106.63 ▼ 1.31% AMX ADR 26.02 ▲ 0.04% FEMSA ADR 128.29 ▲ 0.49% CEMEX ADR 12.33 ▼ 1.20% PETROBRAS ADR 17.90 ▲ 3.35% VALE ADR 14.11 ▼ 2.46% ITAU ADR 8.48 ▼ 1.62% SANTANDER BR 5.33 ▼ 1.21% AMBEV ADR 3.06 ▼ 0.49% CSN 1.03 ▲ 1.49% GERDAU 4.48 ▼ 0.55% LATAM ADR 53.93 ▼ 4.46% BTC 61,950 ▼ 2.84% ETH 1,761 ▼ 2.46% SOL 74.83 ▼ 2.66% XRP 1.06 ▼ 2.40% BNB 564.18 ▼ 1.70% ADA 0.16 ▼ 2.75% DOGE 0.07 ▼ 2.03% AVAX 6.45 ▲ 0.75% LINK 7.84 ▼ 1.85% DOT 0.83 ▼ 1.80% LTC 43.12 ▼ 1.93% BCH 235.62 ▼ 1.81% TRX 0.33 ▼ 1.81% XLM 0.18 ▼ 2.80% HBAR 0.07 ▼ 2.03% NEAR 1.90 ▲ 0.55% ATOM 1.53 ▼ 1.92% AAVE 94.34 ▼ 2.80% SELIC 14.25% EMBRAER 82.37 ▼ 2.64% EMBRAER ADR 64.24 ▼ 2.68% JBS 11.77 ▼ 1.22% JBS BDR 60.33 ▼ 0.74% MBRF3 15.87 ▲ 2.06% MBRFY 3.07 ▲ 1.66% INTER 5.61 ▼ 3.69% EGX 52,608 ▲ 0.67% USD/ZAR16.45▲ 0.80% USD/NGN1,378▼ 0.05% NIKKEI 67,243 ▼ 1.92% CSI300 4,695 ▼ 1.79% HSI 24,214 ▲ 0.16% NIFTY 24,211 ▲ 0.02% KOSPI 6,807 ▼ 8.95% JCI 6,038 ▲ 1.92% USD/JPY162.40▲ 0.42% USD/CNY6.77▼ 0.14% DAX 25,114 ▲ 0.19% CAC 8,365 ▲ 0.31% FTSE 10,498 ▲ 0.01% MIB 52,809 ▲ 0.37% IBEX 19,336 ▼ 0.25% STOXX 641.01 ▼ 0.01% EUR/USD1.14▼ 0.10% GBP/USD1.34▼ 0.21% SPX 7,518 ▼ 0.76% DJI 52,473 ▼ 0.31% NDX 29,264 ▼ 1.88% RUT 2,951 ▼ 0.89% TSX 35,226 ▼ 0.23% VIX 17.02 ▲ 13.24% USD/CAD1.42▼ 0.07% US10Y 4.6140 ▲ 0.98% IBOV 175,733 ▼ 1.20% IPSA 10,950 ▼ 0.96% IPC MEX 65,922 ▼ 0.86% MERVAL 3,260,681 ▼ 0.60% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,917.82 ▼ 0.47% USD/BRL 5.13 ▲ 0.47% USD/MXN 17.52 ▲ 0.30% USD/CLP 931.38 ▲ 0.71% USD/COP 3,242 ▼ 0.11% USD/PEN 3.40 ▲ 0.37% USD/ARS 1,482 ▼ 0.37% USD/UYU 40.22 — 0.00% USD/PYG 6,045 ▼ 0.17% USD/BOB 10.35 ▲ 2.07% USD/DOP 58.30 ▼ 0.31% USD/CRC 448.53 ▼ 0.06% USD/GTQ 7.62 ▼ 0.10% USD/HNL 26.73 ▲ 0.04% USD/NIO 36.62 — 0.00% USD/VES 719.54 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▼ 0.30% USD/TTD 6.74 ▲ 1.31% EUR/BRL 5.84 ▲ 0.41% BRENT 82.92 ▲ 9.09% WTI 77.77 ▲ 8.91% IRON ORE 161.91 — — COPPER 6.28 ▲ 0.75% GOLD 4,006 ▼ 2.39% SILVER 57.87 ▼ 3.24% SOY 1,194 ▼ 0.25% CORN 463.00 ▲ 5.71% WHEAT 635.25 ▲ 0.51% COFFEE 330.50 ▼ 3.64% SUGAR 14.76 ▼ 0.81% ORANGE JUICE 137.15 ▼ 7.24% COTTON 81.49 ▲ 1.96% COCOA 5,808 ▼ 1.88% BEEF 234.95 ▼ 0.11% CATTLE 354.20 ▼ 0.11% LITHIUM 70.23 ▼ 2.90% PETR4 40.80 ▲ 2.90% VALE3 72.55 ▼ 2.20% ITUB4 43.56 ▼ 1.67% BBDC4 18.70 ▼ 0.85% ABEV3 15.81 ▼ 0.06% BBAS3 20.26 ▼ 1.55% B3SA3 14.97 ▼ 2.92% WEGE3 44.48 ▼ 4.36% PRIO3 57.43 ▲ 3.57% SUZB3 41.45 ▼ 0.24% RENT3 40.26 ▼ 2.04% AZZA3 19.17 ▲ 0.37% CSAN3 3.92 ▼ 3.69% RAIZ4 0.33 ▼ 5.71% PCAR3 2.62 ▼ 4.03% GMAT3 3.95 ▼ 0.50% PSSA3 53.84 ▼ 2.06% CVCB3 1.25 — 0.00% POSI3 3.94 ▼ 0.76% SLCE3 13.91 ▼ 0.78% NATU3 8.64 ▼ 0.46% BRKM5 6.83 ▲ 3.02% RANI3 7.95 ▼ 0.75% CSNA3 5.24 ▲ 1.16% CMIN3 5.53 ▲ 5.74% USIM5 8.37 ▼ 0.95% GGBR4 22.94 ▼ 0.30% ENEV3 26.95 ▼ 2.18% CPFE3 47.00 ▼ 1.82% CMIG4 11.08 ▼ 2.64% EQTL3 40.08 ▼ 2.03% LREN3 14.24 ▼ 2.60% VIVT3 34.98 ▼ 2.15% RAIL3 14.08 ▼ 1.95% KLABIN 17.52 ▼ 0.11% RAIA DROGASIL 18.23 ▼ 2.88% RDOR3 35.45 ▼ 1.58% HAPV3 10.41 ▼ 1.79% FLRY3 16.21 ▼ 1.28% SMTO3 16.62 ▲ 1.53% UGPA3 30.95 ▲ 0.78% VBBR3 32.88 ▼ 0.36% BBSE3 40.24 ▼ 0.27% BPAC11 57.63 ▼ 1.87% CURY3 33.37 ▼ 2.46% AERI3 2.06 ▼ 1.44% VIVARA 23.16 ▼ 1.57% COMPASS 24.68 ▼ 3.22% VAMOS 3.01 ▼ 1.63% SANB11 27.23 ▼ 1.41% ASAI3 8.69 ▼ 2.03% SBSP3 30.27 ▼ 2.70% WALMEX 49.52 ▲ 0.41% GMEXICO 195.22 ▼ 2.01% FEMSA 225.32 ▲ 0.90% CEMEX 21.51 ▼ 1.60% GFNORTE 182.49 ▼ 2.20% BIMBO 55.99 ▼ 0.20% TELEVISA 9.63 ▼ 1.03% AMX 22.80 ▲ 0.44% GAP 408.25 ▼ 1.02% ASUR 278.38 ▼ 2.36% OMA 232.76 ▼ 1.57% KOF 180.32 ▲ 0.10% GRUMA 282.98 ▼ 0.20% KIMBER 38.13 ▲ 0.16% SQM-B 67,500 ▼ 0.37% COPEC 6,094 ▼ 0.74% BSANTANDER 78.18 ▼ 1.04% FALABELLA 5,933 ▲ 0.47% ENELAM 85.00 ▼ 0.47% CENCOSUD 2,042 ▼ 0.16% CMPC 1,083 ▼ 2.38% BANCO CHILE 184.85 ▼ 2.13% LATAM AIR 25.41 ▼ 3.24% YPF 77,375 ▲ 4.00% GGAL 8,170 ▼ 1.98% PAMPA 5,280 ▲ 1.93% TXAR 667.00 ▼ 0.60% ALUAR 963.00 ▼ 1.28% TGS 9,650 ▲ 0.57% CEPU 2,350 ▼ 1.92% MIRGOR 17,075 ▼ 1.01% COME 44.80 ▼ 2.42% LOMA NEGRA 3,500 ▼ 2.30% BYMA 308.50 ▼ 1.75% TELECOM ARG 4,230 ▼ 0.35% ECOPETROL 15.88 ▲ 1.93% BANCOLOMBIA 81.17 ▼ 2.15% GRUPO AVAL 4.95 ▼ 2.47% CREDICORP 389.48 ▼ 2.83% SOUTHERN COPPER 174.22 ▼ 0.92% BUENAVENTURA 29.63 ▼ 1.25% MERCADOLIBRE 1,873 ▲ 1.11% NUBANK 13.73 ▼ 0.25% XP 16.33 ▼ 3.52% PAGSEGURO 9.25 ▼ 0.05% STONE 11.12 ▼ 0.85% GLOBANT 32.04 ▲ 6.94% TECNOGLASS 42.50 ▼ 3.19% GAP AIRPORT 233.06 ▼ 1.09% ASUR 278.38 ▼ 2.36% OMA AIRPORT 106.63 ▼ 1.31% AMX ADR 26.02 ▲ 0.04% FEMSA ADR 128.29 ▲ 0.49% CEMEX ADR 12.33 ▼ 1.20% PETROBRAS ADR 17.90 ▲ 3.35% VALE ADR 14.11 ▼ 2.46% ITAU ADR 8.48 ▼ 1.62% SANTANDER BR 5.33 ▼ 1.21% AMBEV ADR 3.06 ▼ 0.49% CSN 1.03 ▲ 1.49% GERDAU 4.48 ▼ 0.55% LATAM ADR 53.93 ▼ 4.46% BTC 61,950 ▼ 2.84% ETH 1,761 ▼ 2.46% SOL 74.83 ▼ 2.66% XRP 1.06 ▼ 2.40% BNB 564.18 ▼ 1.70% ADA 0.16 ▼ 2.75% DOGE 0.07 ▼ 2.03% AVAX 6.45 ▲ 0.75% LINK 7.84 ▼ 1.85% DOT 0.83 ▼ 1.80% LTC 43.12 ▼ 1.93% BCH 235.62 ▼ 1.81% TRX 0.33 ▼ 1.81% XLM 0.18 ▼ 2.80% HBAR 0.07 ▼ 2.03% NEAR 1.90 ▲ 0.55% ATOM 1.53 ▼ 1.92% AAVE 94.34 ▼ 2.80% SELIC 14.25% EMBRAER 82.37 ▼ 2.64% EMBRAER ADR 64.24 ▼ 2.68% JBS 11.77 ▼ 1.22% JBS BDR 60.33 ▼ 0.74% MBRF3 15.87 ▲ 2.06% MBRFY 3.07 ▲ 1.66% INTER 5.61 ▼ 3.69% EGX 52,608 ▲ 0.67% USD/ZAR 16.45 ▲ 0.65% USD/NGN 1,378 ▲ 0.15% NIKKEI 67,243 ▼ 1.92% CSI300 4,695 ▼ 1.79% HSI 24,214 ▲ 0.16% NIFTY 24,211 ▲ 0.02% KOSPI 6,807 ▼ 8.95% JCI 6,038 ▲ 1.92% USD/JPY 162.43 ▲ 0.47% USD/CNY 6.7677 ▲ 0.01% DAX 25,114 ▲ 0.19% CAC 8,365 ▲ 0.31% FTSE 10,498 ▲ 0.01% MIB 52,809 ▲ 0.37% IBEX 19,336 ▼ 0.25% STOXX 641.01 ▼ 0.01% EUR/USD 1.1390 ▼ 0.25% GBP/USD 1.3358 ▼ 0.30% SPX 7,518 ▼ 0.76% DJI 52,473 ▼ 0.31% NDX 29,264 ▼ 1.88% RUT 2,951 ▼ 0.89% TSX 35,226 ▼ 0.23% VIX 17.02 ▲ 13.24% USD/CAD 1.4146 ▼ 0.04% US10Y 4.6140 ▲ 0.98%
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Brazil Business - Brazil

Court Suspends Contracting of Deodoro Racetrack Consortium in Rio de Janeiro

By · July 21, 2019 · 2 min read

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RIO DE JANEIRO, BRAZIL – A federal court in Rio de Janeiro suspended, on Friday afternoon, July 19th, the contracting of the company that won the bid for the construction of the future Formula 1 Deodoro racetrack in Rio de Janeiro.

The injunction was petitioned by the Federal Prosecutor’s Office, requesting that no work be carried out before the Environmental Impact Study and Report (EIA-Rima) is submitted, and the environmental body has granted the preliminary license.

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The tender was organized by Rio’s City Hall, announcing Rio Motorpark as the successful bidder in May.

The company was awarded the right to build and operate a racetrack on a 4.5-square kilometer site, ceded by the army in Deodoro, in the city’s West Zone.

The area is partially covered by native forest, most of which would need to be cleared for the construction of the track and all the required facilities. (Photo internet reproduction)
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The concession contract is valid for 35 years and has an estimated value of R$ 697 million.

City Hall stated that it has not yet been notified and that it will examine the decision when it is formally notified.

Rio Motorpark noted that it would comply with all legal requirements and the bidding notice; and that it is conducting an environmental impact study.

There had already been a judicial decision forbidding the state government to conduct the bidding process for lack of environmental impact studies.

Since it had not been notified on the decision, the Rio City Hall took the lead and made the bid, with Rio Motorpark as the only bidder.

The Federal Prosecutor’s Office (MPF) tried to suspend the bidding process before the successful bidder was announced, but only now did the federal court grant the injunction.

The project includes the construction of a new racetrack in Rio, suitable for Formula 1 races, at a site known as the Camboatá Forest, in Deodoro, in the city’s West Zone.

According to the MPF, the area “is the only remnant of the greater Atlantic Forest located in a flat area in the city.”

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