P1racenews AI automatic summary:
After Madrid, could Osaka be next city to grab a Formula 1 race?
Following successful events in Jeddah, Miami, and Las Vegas, the potential addition of Osaka, Japan as an F1 race host has gained attention. Osaka tourism bureau chairman Hiroshi Mizohata has confirmed the city’s intention to become an F1 candidate, highlighting the potential for Osaka to become an international tourist city and attract wealthy visitors. While negotiations and a final race location have yet to be determined, Osaka is considering options such as a street race through the city, a permanent race track in a nearby prefecture, or a hybrid-style format on Yumeshima Island. Financial considerations, including return on investment, will be crucial, with private funds likely being sought. Osaka’s F1 project is expected to be a long-term plan, not a quick endeavor, and may impact the future of the Japanese Grand Prix in Suzuka.
