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Miami could get unprecedented 20-year deal
A crunch meeting over the Miami Grand Prix is scheduled for next week as it is revealed the event could be given an unprecedented 20-year deal. The meeting, scheduled for July 26, comes despite the fact that the City Manager of Miami failed to finalise the race contract by the July 1 deadline. Even though the deadline was missed, it is understood that behind-the-scenes negotiations continued between the City Manager and F1 as well as Grand Prix organizers South Florida Racing LLC, which is believed to be controlled by billionaire Stephen Ross, owner of the Miami Dolphins NFL team, who is looking to promote the event in partnership with F1. 'A public hearing will be held by the City...
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7y ago from Pitpass.com
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