Argentina targets return to Formula 1 calendar 29 April, 2014 Marc Marquez won the MotoGP race in Argentina After hosting the MotoGP this past weekend ,Argentina has now set its sights on returning to Formula 1. Last held on an ageing circuit in Buenos Aires in 1998, plans to revive the Argentine Grand Prix emerged two years ago. “We are always open to doing something in Argentina,” Formula 1 Chief Executive Bernie Ecclestone had said. “When we meet some serious people it will happen.” MotoGP riders raced at the Autodromo Termas de Rio Hondo, an overhauled facility which now also hosts Formula Renault and world touring cars. On the sidelines of the new MotoGP race, Argentine tourism minister Enrique Meyer revealed the government’s ambition to also return to the Formula 1 calendar. “[Formula 1] is an event we hosted for many years,” he is quoted by France’s L’Equipe. “But at some point, we could not continue for economic reasons. “Rio Hondo has the features to be registered to receive Formula 1,” said Meyer. “We believe that a country that loves motor sport must have prestigious events.” L’Equipe said Meyer confirmed that, for the Formula 1 bid, additional investments will be made to improve roads, airports and hotels in the area, in the province of Santiago del Estero. (GMM) Subbed by AJN. Reports on GrandPrix247.com by: staff & contributors, Reuters syndication, GMM service, Formula 1 teams, sponsors & organisations.