Liberty Media's determination to bring a grand prix in Miami to Formula 1 is clear, with a new venue now found to hold the race in the Florida city.
A downtown street circuit had been expected to land on the 2020 calendar, with a 10-year deal announced last year, however the project ran aground amid opposition from local residents.
However, a new venue has been found, incorporating the Hard Rock Stadium, home of the city's NFL team, the Dolphins.
A joint statement from F1 commercial chief Sean Bratches and the stadium's CEO Tom Garfinkel suggested that the race is now back on, with a slot on the 2021 schedule.
The statement read: "We are thrilled to announce that Formula One and Hard Rock Stadium have reached an agreement in principle to host the first-ever Formula One Miami Grand Prix at Hard Rock Stadium.
"With an estimated annual impact of more than $400 million and 35,000 room nights, the Formula One Miami Grand Prix will be an economic juggernaut for South Florida each and every year.
“We are deeply grateful to our fans, elected officials and the local tourism industry for their patience and support throughout this process. We look forward to bringing the greatest racing spectacle on the planet for the first time to one of the world’s most iconic and glamorous regions."
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