Ana Guevara explains reasons why Mexico ran out of F1
Mexico failed to reach a renewal agreement with Formula 1 and Ana Gabriela Guevara explained the reasons.
One of the hottest sports topics in Mexico during the last weeks has been Formula 1. After it was made known that the Aztec country -through Federal Government of Mexico City and the Inter – American Corporation of Growth (CIE) – not reached an agreement of renovation with Liberty Media, owner of F1, alarms they lit up and the opinions on the matter did not make wait and this time it was the turn to the holder of the Conade: Ana Gabriela Guevara.
One of the first to question the continuity of the Gran Circo in Mexico was Ana Guevara in 2018, even when she was not yet in her current position. The months passed and the version was confirmed, because the government of Andrés Manuel López Obrador could not be convinced of disbursing 800 million pesos to keep Formula 1 in Mexico, but … why it was not possible to reach an agreement with the government? The own holder of Canada explained it.
“One of the reasons that led the president to end it (the contract) was that the profits that are said to generate the event are not quantified in reality. Besides that the money that the government would have to contribute could be used in a better way for the benefit of the country, “said Guevara.
However, that was not the only reason why the government stopped investing to have Formula 1, since according to Ana Gabriela’s own words, ” Mexico is not in a position to carry out this kind of events, with everything and that his expense is shared with the private initiative “. In addition, he hinted that the responsibility of the Grand Circus not being maintained is the investment of the entrepreneurs themselves. “The president finally determined it and his position was clear when he said: if they want to do it, they are fully entitled to do so, only that the government will not participate, ” said the head of the Conade.
The Formula 1 returned to Mexico in 2015 and after five years will bid farewell this 2019, where he was the third stage. The possibilities to follow seemed clear, but in the end, it could not be. The big question is, how much will be missed?
Ana Guevara explains reasons why Mexico ran out of F1, Ana Guevara explains reasons why Mexico ran out of F1, Ana Guevara explains reasons why Mexico ran out of F1, Ana Guevara explains reasons why Mexico ran out of F1,