Wheels24

Argentina 'in 3-year F1 deal'

2012-04-09 09:05

Argentina could replace Korea on the 2013 Formula 1 calendar.

Italy's Autosprint magazine has carried a report that the Argentinean government will sign a three-year contract in May, 2012.

President Cristina Fernandez de Kirchner said in March that the 2013 Argentine GP - a race last held at the ageing Autodromo Oscar Alfredo Galvez in Buenos Aires in 1998 - will take place on the streets of the coastal city of Mar del Plata.

TILKE TO DESIGN TRACK

Autosprint now quotes Argentine tourism minister Carlos Enrique Mayer as saying: "The national government accepts the challenge of organising the GP to promote our country to the world. In May, the three-year contract between all the parties involved will be signed."

The report said Hermann Tilke would design the five-km city layout.

Autosprint also reported that 2013's calendar would remain at 20 races so, with the addition of Argentina as well as New Jersey in the US, two current grands prix will need to give way.

One place will likely open up due to a new alternating scheme in Spain, with Valencia to wait until 2014 for its next race.

And Autosprint added: "The Korean  GP no longer seems able to honour the financial obligations agreed with (Bernie) Ecclestone."

GMM