P1racenews AI automatic summary:
Local politicians from Chicago have weighed in on the possibility of an F1 race in the third largest US city.
Formula 1 has shown interest in potentially adding a fourth race in the United States. They have filed for trademarks under the names “Chicago Grand Prix” and “Grand Prix of Chicago” with the US Patent and Trademark Office. While filing trademarks is usually done to protect intellectual property, it suggests that F1 is considering a race in Chicago. However, local politicians are skeptical about the likelihood of this happening due to the requirement for a 10-year minimum deal, which they believe is non-negotiable. Hosting an F1 race in Chicago would be more complex and costly compared to NASCAR’s street race in the same city. F1 circuits are typically longer, and they often involve road closures and more extensive preparations. Despite this, Chicago would be a fitting addition to Liberty Media’s strategy of expanding the F1 calendar.
