Ecclestone considering buying Interlagos F1 circuit

Bernie Ecclestone is considering a bid to purchase Formula 1's Brazilian Grand Prix venue Interlagos from the city of Sao Paulo.

Ecclestone considering buying Interlagos F1 circuit
Bernie Ecclestone
Lewis Hamilton, Mercedes AMG F1 W07 Hybrid leads behind the FIA Safety Car
Bernie Ecclestone
Max Verstappen, Red Bull Racing RB12

Ecclestone met with mayor of Sao Paulo Joao Doria recently to discuss the latter's plan to sell the circuit as part of wider privatisation project.

Ecclestone, who was given the title of chairman emeritus with Chase Carey taking on his role as part of Liberty's F1 takeover, expressed his interest at the meeting that was also attended by Brazilian GP promoter Tamas Rohonyi.

Motorsport.com understands the mayor plans further talks with Ecclestone, whom with he is believed to have an excellent relationship.

Brazil is in the midst of a financial crisis, which in turn is putting pressure on public funds.

That has led to a proposal to raise cash through privatisation of real estate, including the circuit, owned by the city.

Plans remain at an early stage, with the proposal still requiring sanctioning by the municipal council.

It is also understood the tender for the sale of the circuit will include a clause that makes it the buyer's responsibility to guarantee the race long-term.

Interlagos has a contract until 2020, but the slow speed with which it has completed its development, which included track resurfacing and upgrading ageing paddock facilities, has been criticised.

Doria wants to keep F1 at Interlagos and is keen to extend its current deal to 2030.

He feels that will make the venue a much more attractive proposition and boost plans to enhance the facility.

Interlagos has hosted 34 Brazilian Grands Prix since 1973 and is currently the only South American race on the calendar.

shares
comments
Gallery: Key F1 tech spy shots at Chinese GP

Previous article

Gallery: Key F1 tech spy shots at Chinese GP

Next article

Wolff expects Wehrlein to make F1 return in Bahrain

Wolff expects Wehrlein to make F1 return in Bahrain
Load comments
The times that suggest Verstappen should be confident of F1 Russian GP recovery Prime

The times that suggest Verstappen should be confident of F1 Russian GP recovery

For the second race in a row, Mercedes has ended the first day of track action on top. It’s in a commanding position at the Russian Grand Prix once again – this time largely thanks to Max Verstappen’s upcoming engine-change grid penalty. But there’s plenty to suggest all hope is not lost for the championship leader at Sochi...

Why dumping the MGU-H is the right move for F1 Prime

Why dumping the MGU-H is the right move for F1

OPINION: With its days apparently numbered, the MGU-H looks set to be dropped from Formula 1’s future engine rules in order to entice new manufacturers in. While it may appear a change of direction, the benefits for teams and fans could make the decision a worthwhile call

Formula 1
Sep 23, 2021
The floundering fortunes of F1’s many Lotus reboots Prime

The floundering fortunes of F1’s many Lotus reboots

Team Lotus ceased to exist in 1994 - and yet various parties have been trying to resurrect the hallowed name, in increasingly unrecognisable forms, ever since. Damien Smith brings GP Racing’s history of the legendary team to an end with a look at those who sought to keep the flame alive in Formula 1.

Formula 1
Sep 22, 2021
Why the 2021 title fight is far from F1's worst, despite its toxic background Prime

Why the 2021 title fight is far from F1's worst, despite its toxic background

OPINION: Formula 1 reconvenes for the Russian Grand Prix two weeks after the latest blow in ‘Max Verstappen vs Lewis Hamilton’. While the Silverstone and Monza incidents were controversial, they thankfully lacked one element that so far separates the 2021 title fight from the worst examples of ugly championship battles

Formula 1
Sep 22, 2021
How Mika Hakkinen thrived at Lotus Prime

How Mika Hakkinen thrived at Lotus

Mika Hakkinen became Michael Schumacher’s biggest rival in Formula 1 in the late-90s and early 2000s, having also made his F1 debut in 1991. But as MARK GALLAGHER recalls, while Schumacher wowed the world with a car that was eminently capable, Hakkinen was fighting to make his mark with a famous team in terminal decline

Formula 1
Sep 21, 2021
The forgotten F1 comeback that began Jordan’s odyssey  Prime

The forgotten F1 comeback that began Jordan’s odyssey 

Before Michael Schumacher – or anyone else – had driven the 191 (or 911 as it was initially called), Eddie Jordan turned to a fellow Irishman to test his new Formula 1 car. JOHN WATSON, a grand prix winner for Penske and McLaren, recalls his role in the birth of a legend…

Formula 1
Sep 20, 2021
The squandered potential of a 70s F1 underdog Prime

The squandered potential of a 70s F1 underdog

A podium finisher in its first outing but then never again, the BRM P201 was a classic case of an opportunity squandered by disorganisation and complacency, says Stuart Codling.

Formula 1
Sep 18, 2021
The other notable Monza escape that F1 should learn from Prime

The other notable Monza escape that F1 should learn from

OPINION: The headlines were dominated by the Italian Grand Prix clash between Max Verstappen and Lewis Hamilton, who had the halo to thank for avoiding potentially serious injury. But two days earlier, Formula 1 had a lucky escape with a Monza pitlane incident that could also have had grave consequences.

Formula 1
Sep 17, 2021