Miami Set to Vote on 20-Year Grand Prix Plan

The Miami GP could take a step closer to becoming a reality next week when a meeting of the City Commission votes on the proposed 20-year contract for the race.

In an earlier vote the City Commission voted to authorise the City Manager to negotiate a contract with the F1 organisation, with a self-imposed July 1st deadline.

It's that deal that will be discussed at the upcoming meeting, which will take place on the morning of July 26th.

A legal notice about the upcoming meeting reveals that in addition to the initial 10-year arrangement - which actually covers 11 races - there is an option to extend for a further 10 years.

The notice says that deal is "for a 10-year contract for the running of the Formula 1 Miami Grand Prix starting in October of 2018 with a Fan Festival at Bayfront Park and commencing with Formula 1 Grand Prix Racing from October 2019 through October 2029 with an option for a further 10 year extension."