Interlagos to finish paperwork for contract extension in May
- Published on 29 Apr 2013 12:45
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- By: Rob Veenstra
Mayor Haddad responded by insisting he had sent a letter to the FIA, assuring that the upgrade will be done. And Ecclestone said in Bahrain: "I've just received a letter from the mayor and he's guaranteed to revamp the whole facilities there, which will be good, we've been waiting long enough."
Haddad is now quoted by Brazil's Lance: "In May, we will conclude the contract so that formula one stays here until 2020. We just need to go through the paperwork. It was a long discussion, it's just that we could not commit to something that we could not do. It is a big job. We require a long-term contract, because we will invest more than $100 million and we could not do that without the security (of a contract). It is reasonable that the agreement goes to 2020," he added. (GMM)
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