Mexico is set for a surprise return to the F1 calendar in 2014 according to high level sources.
A race in New Mexico is likely to be placed on the provisional calendar for 2014 and later confirmed by Bernie Ecclestone.
It is thought the race would act as a double header with the United States Grand Prix in Austin before the final race in South America at Brazil's Interlagos circuit.
The provisional slot becoming a guaranteed slot is dependent on the completion of contracts and work on the New Mexico venue.
Initially plans had been drawn up for a race in the popular tourist destination of Cancun however, they appear to have been dropped and businessman Carlos Slim Domit, the man driving the Mexican GP project, is set to put all efforts behind the New Mexico project.
Sources are confident work on upgrading the New Mexico track can be completed in time for 2014, while Slim Domit had said earlier in the year a return to Central America was close.
"I believe there is potential to do more races in the Americas and I believe that Mexico is in the right spot to do it," said Slim in an interview with AUTO, the journal of the FIA.
"It's a stable country by and large, our economy is doing quite well and we have drivers people can identify with.
"All of the pieces are coming together and I believe the potential promoters are doing a good job in trying to secure something."
The news comes in as a return to Austria is coming for 2014 and a new street race in Russia is likely to join despite recent missed deadlines.
The Indian Grand Prix will be dropped for next year as Bernie Ecclestone claims the New Jersey race has again been cancelled and the future of the Korean Grand Prix is also in doubt.
The return of Mexico could not come at a better time for the country who have two drivers in F1, McLaren's Sergio Perez is one of the highest profile sportsman in the country and is hopeful his rise to fame can boost the profile of F1 in the his homeland.
Autosport has quoted him as saying: "Of course, that would help to get the interest [in Mexico].
"The interest is quite big since I came to F1 and my results last year, with three podiums, mean people are getting excited, especially now I am with McLaren.
"I really hope that I can help to get a Mexican Grand Prix."
While compatriot Esteban Gutierrez believes it is only a matter of time before Mexico rejoined the calendar.
"They are waiting for the right time," said Gutierrez of the Mexican GP.
"I know they are in negotiations and obviously it would be a very special thing for us to have a Mexican Grand Prix.
"The people who are responsible for that are focusing on it and they really want to make it happen.
"As a driver, the only thing I can focus on is to get good results so that interest is more, to raise more confidence for the event to happen as I think it is connected to that."
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