MX23RW : Friday, July 30 01:03:19| >> :600:52161098:52161098:

Rio secures $72m tax break for Brazil GP bid

Rio de Janeiro's efforts to snatch the Brazilian GP away from Sao Paulo are continuing apace.

Rio de Janeiro's efforts to snatch the Brazilian GP away from Sao Paulo are continuing apace.

While Interlagos organisers want to keep the race at their historic circuit, the rival Rio bid has the support of Brazilian president Jair Bolsonaro.

And now, Rio has also secured the support of the state government too.

UOL reports that the government's sports secretariat has approved a bill that gives the race a 302 million Brazilian Real (US $72 million) tax break for the first two races in 2021 and 2022.

The report said the money is intended to cover Liberty Media's race fees, not the construction of the circuit at a former military base west of the city.

Also unanimously approved by the Rio state government was the overall "Formula 1 Rio de Janeiro 2020-2030" project.

However, the approval of the company slated to build the circuit, Rio Motopark, is being investigated by the public prosecution service for bidding irregularities.

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Olympic medal table header
CountryGold medalSilver MedalBronze MedalT
United StatesUnited States14141038
Olympics flagOlympic Athletes from Russia812929
Great BritainGreat Britain57618
Today's Olympic highlights header

Friday's key events

· The athletics schedule begins, with 100m sprinter Dina Asher-Smith among the names in action on the opening day. The men's 10,000m final concludes the action, with Team GB's Sam Atkin and Marc Scott taking part in the absence of 2012 and 2016 champion Sir Mo Farah (1am-2.30pm)

· Victoria Thornley is Team GB's representative in the women's single sculls final (1.33am)
· Great Britain will be going for gold in the men's eight final (2.25am)

· Team GB duo Molly Renshaw and Abbie Wood take part in the women's 200m breaststroke final, but new Olympic record-holder Tatjana Schoenmaker of South Africa is the hot favourite (2.41am)
· Luke Greenbank has very realistic ambitions of picking up a medal in the men's 200m backstroke final (2.50am)
· There is also British representation in the women's 100m freestyle final, although any medal for Anna Hopkin would be a surprise (2.59am)
· With one gold and one silver already under his belt at these Games, Duncan Scott goes again in the men's 200m individual medley final (3.16am)

· Bryony Page will be looking to repeat her 2016 heroics in the women's event (5am-7.30pm)

· Bradley Forbes-Cryans will be looking to emulate Rio gold medallist Joe Clarke in the men's kayak event (6am-9am)

· The women's tournament enters the quarter-finals, with Great Britain facing Australia at the Ibaraki Kashima Stadium (10am)

> Today's schedule in full
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