Could Mexican GP replace NewJersey for 2014?

According to our friend Christian Sylt, a return of the Mexican Grand Prix might happen and could fill a vacant spot left by the absence of a grand prix in New Jersey for 2014. Formula 1 boss Bernie Ecclestone said:

“I should know within a couple of weeks about Mexico,” Ecclestone said, “I’m going to try to make it happen.”

It’s an interesting choice as the event is said to be funded and would take place at Mexico City’s Autódromo Hermanos Rodriguez.  You may recognize one name involved with the project in Tavo Hellmund who was the mastermind and creator of the AUstin Grand Prix before falling out with the financial backers of the project.

Hellmund is joined by Alejandro Soberon, chief executive of live entertainment company, CIE. Sylt says there are a few more names involved as well:

“The team members include Carlos Slim Domit, who sits on the FIA’s decision-making body, the Senate, and is son of the world’s richest man, Carlos Slim. Also backing the F1 effort in Mexico are George Gonzalez chief executive of CIE subsidiary Ocesa, and Federico Alaman, president of motorsports for Ocesa. And, they aren’t the only driving forces behind the race.”

Those are some good names from a financial point of view but it is interesting timing as well. Sauber’s Esteban Gutierrez is said to be at risk of losing his ride for 2014 and the team has been under severe financial strain this year. The rescue investment did not come from Carlos Slim rather a consortium of Russian organizations.

Sergio Perez is currently at McLaren and was also supported by Slim so it will be interesting to see if Carlos ladders up his investment in F1 through teams or drivers and if he can tie that investment to a Mexican Grand Prix.

I, for one, thought that Slim would have increased his investment in Sauber when it was announced they were in financial difficulty this season being that Gutierrez is driving there but that didn’t happen. I’m intrigued as to if he will make additional investments in F1 or simply seek his investment fortunes through being part of the Mexican GP promotion group.

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