São Paulo retains Formula 1 Grand Prix

The Mayor of São Paulo, supported by the Governor of the State, has signed a new five year contract, with a possible five year extension, to continue to host a Formula One  Grand Prix in the city.

The race is now to be called the São Paulo Grand Prix, rather than the Brazilian Grand Prix, presumably to leave the door open for Rio de Janeiro to build its new circuit to host a Brazilian Grand Prix.

The 2020 Brazilian GP, scheduled originally for 15 November 2020, was cancelled like many races due to Covid-19, but São Paulo is provisionally, at least until the ink dries, on the 2021 schedule to host a race on Sunday, 14 November 2021.

The decision should be popular with the Formula 1 teams given the size of the Brazilian market for many of the sponsors.