Rio de Janeiro have a Grade 1 racetrack project for (the end of) 2020.
After the unnecessary demolition of the circuit of Jacarepaguá in 2013 (no, it doesn't exist anymore) for the construction of the Olympic Village for the 2016 Rio Olympic Games, the city of Rio de Janeiro had only promises of a new racetrack since then...
The famous track of Jacarepaguá in it's final years - in the background, the gymnasium of the 2007 Pan American Games, that for some reason were made in the racetrack terrain, killing one of it's corners (credits: press release photo).
Home of the Brazilian GP in 1978, when the argentinian Carlos Reutemann won and later, from 1981 until 1989, having Alain Prost as the biggest winner, with five wins (1982, 1984, 1985, 1987 and 1988), the circuit of Jacarepaguá also were the place of the first ever F1 race of Ayrton Senna in 1984, when the future three times World Champion were at Toleman.
The hot weather were one of the trademarks on Jacarepaguá, so in the 80's, it were very common to see Formula One drivers, engineers and mechanics walking through the pitlane only with their underwear’s not only during the Grand Prix weekends, but also during the pre-season testing’s and it were also the home of CART (in the oval layout) and MotoGP in the late 90's and early 00's, but it had initially one of the corners demolished for the construction of one of the venues for the 2007 Pan American Games and later, it were completely demolished for the 2016 World Olympics, that took place in the same place were the racetrack used to be.
2013 were the year of the complete teardown, but everything was settled since 2009 and although all the protests from people from all over the country (comming not only from race fans that were bothered with the plan, but also common people that didn't liked it because of the costs). After a while, the fans came to a point where nothing more could be done to save the historical track and when the final races happened there, the emotions were very evident.
While the historical racetrack was giving goodbye, the Rio government promised a new track on a Military area in the neighborhood of Deodoro, but there was a problem. The land of the terrain had buried landmines that could explode in any moment (and one of them even exploded in 2012), so a cleaning work were needed immediately.
Five years later...
In the middle of talking’s about the possible auction of the circuit of Interlagos (yes, the actual home of the Brazilian GP), where there are already real estate interests (yes, that means demolition - nothing is clear until this moment and the future of the circuit of Interlagos are still quite bright) and other mazes involving Brazilian racing tracks, I'm sure to say that nobody were expecting anything in a near future about a new racetrack for the Cariocas (the people of Rio de Janeiro), but breaking news emerged during this week with the release of the project of the so-called future racetrack, projected by Tilke Engineers & Architects following the FIA and FIM Grade 1 regulations, enabling the use for Formula One and MotoGP.
The Army finally released the terrain for the work and one of the possible layout projects of the future track were already presented, made by the Tilke Engineers & Architects company. The project track have 5.368 meters, twenty corners and the capacity to receive eighty thousand people and the built can begin in the beginning of 2019 in a sixteen month process.
The next step:
Having as one of the rules the exclusive use of private money, the next step is finding possible interested investors to put their money on it. The price? 850 Million Reais BRL (193.476.000 EUR or 169.555.000 GBP) are the initial budget. Fingers crossed!