Formula 1 will return to Mexico in 2013, according to a report in a Spanish sports newspaper.
Marca reports that the race will be at the Hermanos Rodriguez circuit in Mexico City, which was the scene of the last Mexican GP in 1992.
The report said the race was backed by many of Sauber driver Sergio Perez's sponsors, including Telmex, Interproteccion, Tequila Cuervo and the Mexican tourism ministry.
VALENCIA REPLACEMENT
Marca journalist Jose Maria Rubio wrote: "They (Perez's sponsors) are willing to support the grand prix, which will replace Valencia."
The report said the necessary bodies and the president had approved a contract with Bernie Ecclestone for an initial period of five years.
Rubio further revealed: "Refurbishment work on the circuit should begin as soon as the elections happen (in July, 2012) and everything should be ready for the race mid-2013".
Mexico 1992, won by Nigel Mansell, was Michael Schumacher's first of 154 career podiums.
Marca reports that the race will be at the Hermanos Rodriguez circuit in Mexico City, which was the scene of the last Mexican GP in 1992.
The report said the race was backed by many of Sauber driver Sergio Perez's sponsors, including Telmex, Interproteccion, Tequila Cuervo and the Mexican tourism ministry.
VALENCIA REPLACEMENT
Marca journalist Jose Maria Rubio wrote: "They (Perez's sponsors) are willing to support the grand prix, which will replace Valencia."
The report said the necessary bodies and the president had approved a contract with Bernie Ecclestone for an initial period of five years.
Rubio further revealed: "Refurbishment work on the circuit should begin as soon as the elections happen (in July, 2012) and everything should be ready for the race mid-2013".
Mexico 1992, won by Nigel Mansell, was Michael Schumacher's first of 154 career podiums.