Date: 2nd December 2011 at 11:14am
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Could Formula One be set to return to Mexico after an absence of 20 years?

Mexican businessman Carlos Slim Domit certainly believes that its possible, while Formula One supremo Bernie Ecclestone has also hinted at the possibility.

Ecclestone dropped the hint while discussing the future of Formula One in Europe.

Ecclestone believes that F1 will be visiting far less tracks in Europe over the coming years, whilst the sport expands across the globe.

‘I think in the next few years Europe will be left with only five races, I think Europe is finished. It will be a good place for tourism but little else. Europe is a thing of the past.’ Ecclestone told Spainish newspaper Marca.

That would hint at an uncertain future for the likes of Hungary and the two Spanish Grand Prix’s at Barcelona and Valencia as Formula One is keen to also embrace its classic Grand Prix’s at Monaco, Britain, Belgium, Italy and Germany.

When pushed regarding new destinations for the F1 Bernie added: ‘Russia for sure, we have a contract there. Maybe South Africa, Mexico.’

Mexico hasn’t hosted a Grand Prix since 1992, but a recent revival for the sport in Formula One could see that change.

Sauber driver Sergio Perez recently took a car over to Mexico for a demonstration and the event was well attended, while countryman Esteban Gutierrez is trying to also get a move on to the F1 grid.

Carlos Slim Domit has been working with entertainment company CIE in a bid to get Formula One back to Mexico.

Slim Domit is a powerful man in Mexico, his father Carlos Slim just happens to be the world’s richest man.

‘I embrace the idea and believe that a new race for Mexico is what, in colloquial English, is referred to as a ‘no-brainer’,’ Slim Domit wrote in a column for Motion magazine and quoted by Autosport Magazine.

‘Linking races in Canada and the US with a Mexican round would perfectly consolidate Formula 1’s footprint in North and Central America and provide a viable bridge to the race in Brazil,’

‘The bottom line is that Mexico’s loss of Formula 1 in 1992 was an unfortunate occurrence. However, the loss of Mexico to Formula 1 can now be seen as something more than unfortunate.