Business

How the Formula 1 deadlock may impact the São Paulo economy

formula 1 sao paulo brazil

Formula 1 has always drawn attention in Brazil, but in 2019 the spotlight was turned on the local Grand Prix (GP) earlier than usual—and it illuminated a troubling situation. Instead of betting on who might win the race, Brazilians are now asking whether the country will still host a race at all—and what might happen to their jobs if not. 

Brazil has been hosting a Formula 1 GP for the past 47 years and, since 1990, the race has been held at the Interlagos track, in São Paulo. The country is also, by far, the biggest market for the...

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