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Formula 1 In Talks To Return To Argentina In '19

One of Argentina’s leading event promoters revealed that "he is in talks" with Formula 1 owner Liberty Media about "bringing a Grand Prix back to the country" in '19 after a 20-year hiatus, according to Christian Sylt for the London INDEPENDENT. Argentina was one of the first non-European countries to hold a round of F1 in '53 and "went on to host 20 races at the Autódromo Juan y Oscar Gálvez," which is located in a park in the southern part of Buenos Aires. Financial hurdles "put the brakes on the race" in '98 but it has been brought back on the agenda by a recent change of government and the sale of F1 last year to Liberty. Investment firm Blue Capital President Arturo Rubinstein said, "We are negotiating with Liberty Media to become the promoter of the GP in Argentina." Rubinstein plans to host the race at the Autódromo in Buenos Aires and said that the government has committed to funding £21.5M ($30M) of upgrades required by FIA. As the work "will only take around six months to complete," he "hopes to join the calendar at the start of next year." Rubinstein said that the plan has been in development since '13, when he "began discussing it" with former Lotus F1 Deputy Team Principal Federico Gastaldi (INDEPENDENT, 2/21).

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