|Williams' Nigel Mansell celebrates his 1992 Mexican GP win with Benetton's Michael Schumacher on the podium © LAT Photographic/Williams
Mexico will host a Formula One race next season and is set to remain on the calendar for the next five years in a deal that was announced on Wednesday.
Last held in 1992, the Mexican Grand Prix makes a comeback after a 23-year absence and will be held in capital Mexico City at the Autodromo Hermanos Rodriguez circuit, which last hosted the race won by Williams’ Nigel Mansell.
The 4.4-kilometre track is likely to be revamped according to FIA specifications, which could see alterations made to the final sweeping parabolic corner.
"Don't miss this race!" remarked F1 boss Bernie Ecclestone.
Backers of the Grand Prix include Tavo Hellmund, who was instrumental in the return of the United States GP at Austin, and Carlos Slim Domit, an FIA member and son of the world’s richest man Carlos Slim.
Slim is the chairman and CEO of Mexican telecommunications company Telmex, which backs current Mexican F1 drivers Sergio Perez, who races for Force India, and Esteban Gutierrez at Sauber.
No details about the agreement were revealed but the Grand Prix deal is expected to last for five years and a date for the race is yet to be fixed.
With none of the current races on the calendar likely to be dropped, next year’s season will match a record 20 Grands Prix, as it was in 2012.