The Mexican Grand Prix is set to be revived for the 2014 season according to reports.
The race, which was last held in 1992, had been touted to join the calendar in 2015, but sources close to the project have revealed that it will be awarded a provisional slot on next year’s calendar.
Bernie Ecclestone has had several meetings about the idea which is being backed by Carlos Slim Domit, son of the world’s richest man, Carlos Slim Helu, who’s personal wealth sits at £43 billion ($66.8bn).
The race will take place in Mexico City on the Autódromo Hermanos Rodríguez circuit, which is to be renovated and upgraded to ensure it can once again host Formula 1 after a 21-year absence.
Speaking about the project earlier this year, Slim hinted that it could become a reality soon.
“I believe there is potential to do more races in the Americas and I believe that Mexico is in the right spot to do it,” he told the FIA’s AUTO magazine.
“It’s a stable country by and large, our economy is doing quite well and we have drivers people can identify with. All of the pieces are coming together and I believe the potential promoters are doing a good job in trying to secure something.”
In addition, Austria and Russia are set to join the calendar, bringing the total races next season to 22 after the loss of the Indian GP and the likely loss of both the proposed New Jersey GP and the Korean GP.
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