Rio de Janeiro abandons plans to build F1 circuit
Former F1 CEO Chase Carey was keen to move away from Interlagos, and a deal to run the race in Rio was formally agreed last September.
However, the development plans faced hurdles, and in December F1 announced a new contract to keep the Brazil race – to be known henceforth as the Sao Paulo GP – at its traditional home.
The proposed new venue was at Deodoro, a former military base that …Keep reading