Portugal have F1 proposal for grand prix in Algarve

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The president of the Portimao Municipility Isilda Gomes has a proposal to have Formula 1 return to Portugal, with the Autódromo Internacional do Algarve (AIA) as the venue for the grand prix.

At the launch of a €10-million five star hotel adjacent to the circuit Gomes told VIPs, including Prime Minister António Costa, and media, “It’s time to start thinking about Formula 1.”

She also acknowledged that having the race at the Algarve track is a dream and not “a 100-meter race, but a long-distance race which is worth a bet.”

At the event Prime Minister Costa was supportive of the idea when, during his speech, he addressed Gomes’ proposal, “It is important to take on new challenges. This proposal is very, very exciting, and is worth pursuing.”

José Theotónio, CEO of the Pestana Group, said at the function, “The success of the hotel will depend on the attractiveness of all the Autodrome complex.”