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Mexico target 2014 grand prix date

22 January, 2013 Mexico is planning to be on next year's grand prix calendar, after what will then be a 22 year absence. Jose Abed, Mexico's representative at Foemula 1′s governing FIA, has been quoted as saying the venue for the 2014 race will be the Autodromo Hermanos Rodriguez, in Mexico City. The track last hosted F1 in 1992, but Bernie Ecclestone has said it is not suitable for modern grands prix unless a major upgrade is done. Abed is quoted by AS newspaper: 'We have plans ready to improve the (circuit) and, after they finish the adjustments, we return to formula one in 2014.' He said the upgrade will cost $20 million, and the annual race sanctioning fee about $30 million....
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