Mexican GP

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Hellmund working on new GP project in North America

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American businessman Tavo Hellmund has revealed to NBCSN that he is working on a new project that will bring another Formula 1 race to North America.

Hellmund was the mastermind behind the formation of the United States Grand Prix at the Circuit of The Americas in Austin, Texas, and the return of the Mexican Grand Prix at the Autodromo Hermanos Rodriguez, which hosts its first F1 race since 1992 this weekend.

Speaking to NBCSN’s Will Buxton on Friday, Hellmund revealed that he is working on some new projects, one of which involves bringing another grand prix to North America.

“We’re looking at a project that’s probably two weeks away from being able to talk about it, then looking also maybe making an investment with a team, but right now, we need to make sure that the Mexican Grand Prix goes well,” he said.

When pressed for where the new race would be, Hellmund said: “It would be North America.”

Hellmund’s comments come less than one week after F1 CEO Bernie Ecclestone hinted that a new race in the United States was being worked on, telling Sky Sports that “we’re going to have to go California way” for a second American round.

Hellmund made no secret of his pride when talking about the Mexican Grand Prix’s return to the calendar, particularly with his father hailing from Mexico.

“You know, when the cars first left pit road for FP1, I literally started crying because of my Dad’s history here,” Hellmund said.

“What we had to do in the past 16 months, it was very emotional. It was just a really special moment. This is where the grand prix has always been.

“We looked at doing it in Cancun. Bernie really was keen on that, but when I told him what it would look like here once it was finished with the stadium section, he got excited and I think he’s pleased now.”