IBOV 185,500.88 ▼ 0.91% IPSA 11,342.39 ▲ 1.09% IPC MEX 64,216.98 ▲ 0.46% MERVAL 3,084,547 — 0.00% COLCAP 2,588.25 ▼ 0.06% BVL PERÚ 59,184.75 ▼ 0.92% USD/BRL5.15▼ 0.10% USD/MXN17.15▲ 0.05% USD/CLP957.43▲ 0.03% USD/COP3,102▲ 0.34% USD/PEN3.35▼ 0.23% USD/ARS1,508▼ 0.02% USD/UYU40.20▲ 3.11% USD/PYG5,985▲ 4.40% USD/BOB10.92▼ 9.64% USD/DOP58.68▲ 2.95% USD/CRC444.45▲ 1.90% USD/GTQ7.62▲ 3.09% USD/HNL26.85▲ 3.31% USD/NIO36.62▲ 2.77% USD/VES840.10▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 2.44% EUR/BRL5.94▲ 0.24% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 185,500.88 ▼ 0.91% IPSA 11,342.39 ▲ 1.09% IPC MEX 64,216.98 ▲ 0.46% MERVAL 3,084,547 — 0.00% COLCAP 2,588.25 ▼ 0.06% BVL PERÚ 59,184.75 ▼ 0.92% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Interlagos Circuit to Host F1 Grand Prix till 2030

By · November 3, 2023 · 2 min read

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Formula 1 and São Paulo’s city officials have extended the contract for the Interlagos Circuit to host the Grand Prix until 2030.

This extension strengthens a previous agreement that was due to end in 2025.

São Paulo has agreed to invest $125 million, or 627.3 million Brazilian reais, to keep the city as a focal point in the Formula 1 calendar.

The deal follows competition with other cities to host the Formula 1 races, showing São Paulo’s commitment to remaining a key player in global sports events.

This investment is expected to bring jobs and economic benefits to the city.

Interlagos has been part of the Formula 1 circuit roster since 1990. This year’s Grand Prix, set for a Sunday afternoon, marks the 51st event in Brazil.

Formula 1 and São Paulo's city officials have extended the contract for the Interlagos Circuit to host the Grand Prix until 2030.
Formula 1 and São Paulo’s city officials have extended the contract for the Interlagos Circuit to host the Grand Prix until 2030.
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Background

The agreement to extend the Grand Prix hosting at Interlagos Circuit is more than a sports contract; it’s a strategic move for São Paulo.

This investment aligns with Brazil’s broader ambitions to cement its place in global sports tourism.

With this extension, Interlagos will continue to contribute significantly to the local economy through tourism and global media exposure.

Since its inception in 1940, Interlagos has been synonymous with motor racing history, becoming a beloved staple in the Formula 1 series.

The track has seen legendary moments in F1 history and has been a proving ground for world-class talent.

Moreover, this decision reaffirms Brazil’s historical passion for Formula 1, a sport that has produced Brazilian champions like Ayrton Senna and Nelson Piquet.

On a regional scale, the continuation of F1 in São Paulo underscores South America’s role in international motorsports.

Globally, it reflects the ongoing appeal of traditional racing venues amidst the evolution of the sport, which increasingly includes new locations and cutting-edge technologies.

The commitment to Interlagos shows a balance between heritage and progress in the fast-paced world of Formula 1.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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