Out of the 213.3 million dollars that the Mexican government committed to pay the entertainment enterprise CIE in order to bring back to Mexico the Formula 1 series, 44.2 million have already been delivered, approximately 575,406,000 Mexican pesos. The public support towards private enterprises will be given without any restrictions, to the point where the Mexican federal government and the city government of the capital have reached a deal to “contribute” in order to ensure these series, according to documents to which Contralinea had access. The federal government will incur more than 3 billion pesos over 5 years as an “expenditure” to promote the brand of Mexico, which will produce ten times the amount invested, for the benefit of the private enterprises involved. According to a specialist, private business is conducted with public funds.
Tourism promotion as a pretext to finance Formula 1
The size of the winner
Local and federal governments, allies through CIE
Rights of transmission, with regards to TelevisaAt the moment of signing the financing contract between the Consejo de Promoción Turística de México (CPTM) and the Corporación Interamericana de Entretenimiento (CIE), the owners of the trademark of Formula 1 had “granted the exclusive right for live transmission to Media Producción SLU (Mediapro)”.Televisa is an old acquaintance of Mediapro, with whom it has forged an association dating back to 2005. That document refers to the obligation of the Spanish company to “ensure that every race shall be transmitted in an open available TV channel to at least 80% of Mexican households”.Since 1996 until the 2014 season-except for a short period through PSN- Formula 1 was aired in Latin America exclusively on Fox Sports. Then arrived the former associate of Emilio Azcárraga and obtained these rights for five years, which will be held in the country.
Extension of the racetrack, without a comprehensive plan: Government of the Federal DistrictThe heavy machinery is destroying equally old asphalt, grass and earth. The reconstruction works of the Hermanos Rodríguez Racetrack are being carried out without any comprehensive plan to refurbish the Ciudad Deportiva Magdalena Mixihuca, which is the public space where the track is located, admits the Sports Institute of the Federal District as a response to the request nr 0315000001715, made by Contralinea.Time is running against the restoration of the track, a necessary upgrade in order to be reclassified by the International Federation of Automobile as suitable to receive once again the Formula 1 race.A lot has changed since the last time a Gran Prix was held: since the death during a single weekend of the pilots Ayrton Senna and Roland Ratzenberg in San Marino back in 1994, security issues have become a central subject during these events. This didn’t only result in investigations and changes of single-seaters, but also in the design of the tracks, where pilots run at a speed of 300 km/h and above.Therefore the racetrack of Mexico City was obsolete as it was until now. There was a need of providing further security space in the curves, and to offer more margins for maneuver for competitors of the race in case of leaving the track.Even in the case of respecting the original route, in order to meet those requirements, it is necessary to extend certain areas of the racetrack, areas which belong to the Ciudad Deportiva Magdalena Mixihuca complex after all. However, the reconstruction in progress remains without any guidelines, which could be more harmful to the sports complex.“The Sports Institute of the Federal District regarding the guidelines of the area in Ciudad Deportiva “Magdalena Mixihuca”, this information hasn’t been generated, managed nor is it in our possession (…) since there isn’t until now any comprehensive refurbishment plan”(sic), states the entity.The issue mentioned above doesn’t matter, it isn’t a problem at least for the head of government Miguel Ángel Mancera, who personally celebrated on the 21st of January “the reported progress of approximately 50% of the refurbishing works” of the Hermanos Rodríguez racetrack.In any case, for the mandatary everything will be fine and on time to fulfill what was promised to the Formula 1 race: “It will be perfectly ready so that Mexico City shall be the World Headquarters once again of this very important race”, he added during the celebration.
The Board of Directors of CIE-Luis Alejandro Soberón Kuri, President-Rodrigo Humberto González Calvillo, related Adviser-Juan Manuel Pérez Díaz, related Adviser-Federico González Compeán, related Adviser-Leopoldo Escobar Latapí, independent Adviser-Jorge Fernández de Miguel, independent Adviser-Carlos Elizondo Mayer-Serra, independent Adviser-Bernardo Malpica Hernández, related Advisor-Víctor Manuel Murillo Vega, related Adviser
Executive Committee of CIE-Luis Alejandro Soberón Kuri, President-Rodrigo Humberto González Calvillo, Vice president-Federico González Compeán, Adviser-Alejandro Valdespino Rivera, Treasurer-Mónica Lorenzo Gutiérrez, “Secretary” (sic)-Guillermina Pillgram Santos, “Executive director” (sic)-Francisco Velázquez Córdova, Director of Project Developments-Beatriz G Crispín Gámez, Manager of Institutional Liaison-Karen Argüello Hernández, Public Relations Manager-Felipe Mendoza Astriano, Comptroller
Contralínea 422 / 01 – 08 Feb 2015