These new deals could help bring Formula One racing back to Miami streets

Formula one could be making its way to Miami.

German media outlet Auto Motor und Sport reported that Liberty Media is working on deals to add Formula One races to its 2019 schedule in Vietnam, Miami and Argentina. The report added that Miami’s proposed circuit is expected to be inspected this weekend.

“According to our information, Hanoi and Miami will almost certainly be on the calendar next year,” Auto Motor und Sport reports. “In Buenos Aires, financing of the track renewal and the entry fee is not yet clear.”

RSE Ventures, run by Matt Higgins and Dolphins owner Stephen Ross, is rumored to be involved in efforts to bring the world’s top auto racing circuit to South Florida. Ross attempted to buy the league three years ago.

Executives and engineers with the global racing brand were in town in November to meet with Mayor Frances Suarez and the city’s head of film and culture to go over potential racing circuits and logistics. At the time, routes and logistics were being discussed with the hope of bringing a race to downtown by 2020, according to events director Vicente Betancourt. Discussions were preliminary at that point, Betancourt said.

In 2015, the city previously hosted the Miami ePrix, which was part of the Formula E racing series and ended up being a one-time event.

This story was originally published March 1, 2018 at 4:08 PM with the headline "These new deals could help bring Formula One racing back to Miami streets."