The Return of the Championship to Autodromo Jose Carlos Pace
In 1990, the Formula 1 championship made its return to the Autodromo Jose Carlos Pace, after being held in Rio de Janeiro for 12 years. This move back to Sao Paulo was an exciting development for fans and event officials alike. Little did they know that this would be the beginning of a long-lasting partnership.
Fast forward to 2020, and the organizers of the Sao Paulo GP were delighted to announce that they had renewed their agreement with Formula 1 for another five years. This meant that the championship would continue to be held at Autodromo Jose Carlos Pace until at least 2025.
A Revised Deal with a Hosting Fee
Interestingly, the previous arrangement did not require the venue to pay a hosting fee. However, the new deal came with a price tag. The Sao Paulo GP now had to pay £2.7 million per year for the privilege of hosting the race. This substantial investment demonstrated the commitment of the event officials to provide an exhilarating experience for fans and showcase the city’s passion for motorsport.
The Transformation into the Sao Paulo GP
With the new agreement in place, the event underwent a significant rebranding. It was renamed as the Sao Paulo GP to better reflect the host city. This change not only highlighted the strong association between Sao Paulo and Formula 1 but also created a sense of local pride.
The Sao Paulo GP has quickly become a staple in the Formula 1 calendar, gaining recognition for its thrilling races, vibrant atmosphere, and enthusiastic crowds. The challenging track layout and unique characteristics of Autodromo Jose Carlos Pace have captivated both drivers and spectators alike.
The Future of Formula 1 in Sao Paulo
Looking ahead, the Sao Paulo GP has secured its place in the Formula 1 calendar for the next decade. The recent contract extension now ensures that the race will continue to excite fans until 2030.
The partnership between Sao Paulo and Formula 1 has undoubtedly been mutually beneficial. The city’s rich motorsport heritage and passionate fanbase provide the perfect backdrop for thrilling races and memorable moments. As the Sao Paulo GP continues to evolve, fans can expect even more excitement, innovation, and adrenaline-pumping action in the years to come.