Spanish ace Fernando Alonso will return to Formula 1 as part of a high-profile team for the 2021 Miami Grand Prix
The FIA has confirmed the Miami Grand Prix as a new Formula 1 race for the 2021 season, with Fernando Alonso and Ferrari confirmed as title-sponsors.
The two-time F1 world champion has also signed a multi-year deal to return to McLaren in 2017.
Alonso’s involvement with the Italian team will be worth $10m-a-year.
The event’s location has not yet been confirmed but Miami has a redevelopment plan for the race to make it a new US sporting hub.
The FIA approved the race at the International Automobile Congress in Geneva on Wednesday.
“The FIA is very pleased to have received in time for announcement the ratification of the Miami Grand Prix from its host of stakeholders, at a Congress where many issues are being discussed and discussed,” said FIA president Jean Todt.
The city has long sought a Formula 1 race – the city of Miami has had its latest plans to host an F1 event voted down by the city commission – and news of a race in Miami first emerged in October last year.