NorthReport | Issue 02 | First Quarter 2022

THE RACE The last F1 race to take place in Florida was in 1959 at the legendary Sebring International Raceway. One could ask why it’s taken 72 years since the start of F1 for a world- class event to find its way to the Magic City, but it’s here now, so let’s revel in it. The inaugural Miami Grand Prix is at Hard Rock Stadium, home of the Miami Dolphins, and will be contested around a 3.36-mile track with 19 corners and three high- speed straightaways, where competitors can hit 190 mph. The track has been designed to foster close, tight racing to keep fans and TV-viewers glued to the action. F1 events are massive and widely considered the pinnacle of motorsports. Some four million fans clicked through the turnstiles worldwide last season, while almost half a billion viewers watched from their screens. In terms of a global audience, the F1 season is second only to FIFA’s quadrennial World Cup. What do private jets, superyachts, million- dollar motorhomes, and the most powerful racing machines on the planet have in common? They’re all descending on Miami this May for South Florida’s inaugural event in the highest class of open-wheel motorsports – Formula One (F1).

Nothing beats the thrill of open-wheel racing.

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