The Brazilian Grand Prix is due to move from Sao Paulo to Rio de Janeiro in 2020, according to the country's president Jair Bolsonaro.
The future of the grand prix at its current venue, Interlagos, was in doubt, and although a contract exists to keep the race there until 2020, Bolsonaro said it was "no longer viable" as it relied on funding from the local government.
Speaking at a press conference, Bolsonaro confirmed a new track would be built in the Deodoro area of Rio de Janeiro and named after Brazilian three-time champion Ayrton Senna.
"After our victory in the elections, Formula One, which would leave Brazil, decided not only to remain, but also to build a new race track in RJ [Rio de Janeiro], which will have the name of the idol Ayrton Senna," Bolsonaro said in a tweet.