10/10/2013
NEWS STORY
Sao Paulo's Interlagos circuit will continue to host the Brazilian Grand Prix until 2020 after a new deal was agreed with FOM.
The current contract runs out next year and there were fears that it might not be renewed due to major development work that needs to be carried out.
However, it is understood that Bernie Ecclestone, who spent all of last week in Brazil, missing the Korean Grand Prix, has agreed a new deal with Sao Paulo mayor Fernando Haddad that will see Interlagos continue as host of one of the most popular events on the F1 calendar.
Key to the new contract is the construction of a new pit and paddock complex which will see the pits moved from their current location to the straight after the Senna 'S' linking Turns 3 and 4.
Work on the new pit and paddock will begin next year and will hopefully be ready in time for the 2015 event.
"The teams have long craved a better infrastructure to accommodate them," Haddad told Globo Esporte. "The fans will benefit from a more modern race track that makes Interlagos and Sao Paulo the best place to host Formula One."
"I'm very excited that the mayor has agreed to the investments we asked for many years ago," added Ecclestone. "If this does not happen, we would have to consider not having the race here. We are very happy now."