Formula One Racing in Downtown Miami For The Next Decade (2019)May 18, 2018
Get ready to start your engines because Formula One has announced plans to stage a street race in downtown Miami. That’s right folks. You heard it here first!
If commissioners approve, the first race would be held in October 2019, and be held annually for a decade. A vote on opening negotiations began May 10, with a deal supposed to be reached by July 1 if approved.
Mayor Francis Suarez told The Independent that it would cost the city just $500k per year (other cities have paid up to $40 million in fees just to become a host). The other 99% of costs would be covered by private sources.
Dolphins owner Stephen Ross is helping to lead the plan. Thanks Steve!
Some downtown residents are opposed to the noise and congestion the race will create. A group called A Better Florida Alliance paid the Herald for a full-page ad last October, opposing the race.
Construction, including road resurfacing, would also be needed to accommodate the race. Here’s a photo for the potential course