10/29/2021
Source: Mexico News Daily
A Saudi-Arabian backed group of entrepreneurs wants to bring the Grand Prix to Cancún, Quintana Roo, and hopes to tie up a five-year deal.
The Mexican investors — alongside five foreign investors — plan to present a letter of intent at the Mexican Grand Prix on November 6-7. It will be addressed to Jean Todt, president of the Fédération Internationale de l’Automobile (FIA), and Stefano Domenicali, the CEO of Formula 1 (F1).