'Interlagos to be sold, Ecclestone to bid'
6 April 2017 – Brazilian Grand Prix venue Autódromo José Carlos Pace is to go up for sale, with Bernie Ecclestone interested in bidding, according to the mayor of São Paulo.
Interlagos hosted its first Formula 1 event back in 1972, before a run of races at Jacarepaguá, and has been a permanent fixture on the calendar since 1990.
A sale would allow an upgrade to the facilities, with authorisation to build a hotel, luxury apartments and a museum named after three-time champion Ayrton Senna.
"The privatisation of the track is the guarantee of the continuity of Formula 1," mayor Joao Doria told Reuters.
"I understand that Formula 1 is important, but with private money, not public money. It's perfectly possible for it to keep running with private money as a private track."
According to Doria, Ecclestone, who was recently ousted as F1's CEO, is one of the interested parties.
"He showed interest. He's going to participate in the auction for the track," added Doria.
"I have the impression that international funds are going to take part as well. I have no doubt that we will sell the Interlagos track, and sell it well."
Ecclestone, meanwhile, remained coy over a potential bid.
"They want to sell. They're not going to subsidise anything there. They're not going to put any money into it. They want to get rid of it," said Ecclestone, who is married to a Brazilian.
"I haven't made [a decision], 'yes, I'm going to buy' or 'no, I ain't going to buy'."
Ecclestone also suggested that F1's new owner, Liberty Media, could bid.