Mexico GP locks in F1 future as race contract renewal nears

Despite the departure of Sergio Perez, the Mexico City Grand Prix is set to remain on the F1 calendar through 2028 with a new deal to be signed imminently

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The future of the Mexico City GP in Formula 1 has been all but secured, with confirmation that an F1 contract renewal is on the verge of being signed to keep the race at the Autodromo Hermanos Rodriguez until the end of 2028.

Mexico City’s head of government, Clara Brugada, revealed during a press conference on April 24 that the agreement with F1 is expected to be formalized next week. 

“The matter of Formula 1 will be revealed on April 30, next week we’ll be signing the agreement with F1, so that’s good news,” Brugada stated, offering a clear signal that negotiations with Formula 1’s management are complete.

Brugada didn’t share any further details about the Mexico GP F1 renewal, adding that the official announcement would come after the contract is signed: “Ah, we’ll make it public on April 30. We’ll tell you everything then, otherwise what’s the point?” she said.

This upcoming contract extension mirrors previous renewals for the popular Grand Prix, and will continue the event’s privately funded model. 

Since federal support was for the Mexico City GP pulled in 2018 by President Andres Manuel Lopez Obrador, local organisers and private stakeholders have kept the event alive through a dedicated trust fund. 

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That strategy has allowed the race to thrive, even through challenges like the COVID-19 pandemic and now, the departure of its most high-profile homegrown talent.

A Mexico City Grand Prix without Checo Perez

For years, Sergio Perez was viewed as the linchpin of the Mexico City Grand Prix. His popularity played a major role in reviving the race in 2015 after a two-decade absence, and his performances often turned the event into a national celebration. 

But with Perez leaving Red Bull at the end of 2024, questions loomed over whether the event could survive without its hometown hero.

Those doubts appear to have been put to rest. According to race organisers, the fanbase has matured and diversified. Ticket sales strategies have increasingly targeted fans across the Americas and beyond, ensuring demand is no longer reliant on one driver. This has strengthened the Mexico City Grand Prix’s long-term viability.

Even with Perez taking time away from racing — and rumours swirling of a future return with Cadillac’s F1 entry in 2026 — the event’s promoters have remained confident. Their focus has shifted toward maintaining a world-class spectacle, regardless of which drivers are on the grid.

Since returning to the F1 calendar a decade ago, the Mexico City GP has consistently delivered massive crowds, vibrant atmospheres, and commercial success. The race has not only cemented itself as a fan favourite but has become a key part of F1’s growth in the Americas.

John Smith
John Smithhttp://total-motorsport.com
Editor at Total-Motorsport.com and all round Motorsport journalist specialising in Formula 1, IndyCar and Formula E.

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