Chase Carey has confirmed that Rio de Janeiro is on course to join the Formula 1 calendar. Now, O Diario Motorsport, a specialist Brazilian publication, claims F1 CEO Chase Carey has sent a letter to acting Rio governor Claudio Castro. The letter confirms that Liberty Media has reached an agreement with the new race promoter Rio Motorsports. “I am writing to update you that we have now finalised the agreements for a race with Rio Motorsports LLC, which will host, organise and promote Formula 1 events in Rio de Janeiro,” Carey reportedly wrote. “These agreements are ready for execution and announcement by Formula 1 once all necessary licenses have been issued by the relevant authorities,” he added.

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