Liberty Media have stated their desire to add a second race in China to calendar to help establish a “year-round presence” and a “big fanbase”.
The Formula 1 calendar continues to be under great scrutiny from the big bosses, looking to maximise revenue streams and ditch the races that do not necessarily make the best economic sense to the sport.
Vietnam will be the latest addition to the schedule in 2020, but Liberty want to further exploit the Chinese market by adding a second event at another circuit to go alongside the current Chinese Grand Prix and the Shanghai International Circuit.
“We would love to have a second race here,” Formula 1’s Head of Global Sponsorship Murray Barnett told Xinhua.
“Probably not in the short-term, given how congested the schedule is already, but we’d certainly love to figure out a way to have another Grand Prix here.
“We’re looking at a number of different things to try to generate more interest on a local basis.
“We can’t just be here for the three days of the Shanghai Grand Prix.
“We need to have a year-round presence here and be much more locally relevant in order to really establish a big fanbase here.”
America has also been identified as another key area to add a second race, but the proposed Miami Grand Prix came to roadblock after protests from local residents.