Motor racing-F1 boss says Miami race faces fresh hurdles [Reuters]
Liberty Media Corporation - Series A Liberty SiriusXM (LSXMA)
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Source: Reuters
Motor racing: F1 boss says Miami race faces fresh hurdles - Reuters 3 Min Read AUSTIN, Texas (Reuters) - Formula One has hurdles to overcome if it is to have a race in Miami in May 2021, the sport’s chairman Chase Carey said on Wednesday after new planning obstacles emerged. The Miami Herald reported that Miami-Dade County commissioners passed a resolution on Tuesday enabling them to prohibit road closures linked to racing events in or near residential areas. They also agreed to a public hearing on whether to allow races near the Miami Dolphins Hard Rock stadium, the proposed venue. The newspaper reported, however, that the Dolphins organization had a legal right to host events on the site under an agreement with the county and mayor Carlos Gimenez could veto the new measures. “We had a vote yesterday that created new issues for us to try and address ... we do have hurdles to overcome now to put the race in Miami,” Carey told a Formula One investor meeting. Miami would be a second gra
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- 7/25/24 - Form DEFA14A
- 7/24/24 - Form 425
- 7/24/24 - Form 8-K
- LSXMA's page on the SEC website