This weekend, one of the biggest events in America is happening near the 10X Headquarters. The next stop of the 2022 Formula One World Championship, the 57-lap F1 Miami Grand Prix, takes place Sunday, May 8, at 3:30 pm EST.

While numerous celebrations will happen over the weekend in South Florida, here are a few things you should know about the big race.

1Miami is the second U.S. city on the F1 schedule

The city of Miami joins Texas as the second U.S. stop in the Formula One World Championship. This makes Miami the 11th different American venue to host an F1 event.

The other city, Austin, will hold the Aramco United States Grand Prix this fall from October 21-23.

2The race track surrounds the Hard Rock Stadium

Formula 1’s official website describes the track — officially called the Miami International Autodrome — as a “street-track spectacular. With the Hard Rock Stadium at its epicentre, the 5.41km layout will feature 19 corners.”

Additionally, the circuit will use a combination of interior roads and new ones constructed around parking lots and nearby areas.

3There is a fake Marina around the 7th turn

One of the most “peculiar” features of the circuit is a “marina” on the inside of Turn 7.

The marina will feature a fake harbor that intends to showcase South Florida’s beach life.

However, the water is just a blue structure underneath the yachts.

The internet didn’t spare any mercy in making fun of this detail:

4The original plan was to hold the race in Downtown Miami

Initially, the F1 Miami Grand Prix was planned to take place next to the waterfront in downtown Miami. But this was met with local opposition.

As a result, the committee settled on the area around the Hard Rock Hotel.

5South Florida will hold several Formula One themed events this weekend

For the F1 Miami Grand Prix, tickets range from $149 all the way up to $14,000 for starting line tickets.

However, there will be additional race-themed events throughout South Florida over the weekend.

6Belgium’s Max Verstappen is the leading betting favorite

According to Sportline’s Proven Computer Projection Model, Reigning Formula 1 World Champion Max Verstappen is likely to be the betting favorite. Other top contenders include Charles Leclerc, Sergio Perez, and Carlos Sainz.

The projection model has simulated the F1 Miami Grand Prix 10,000 times and has predicated previous Formula One race wins since 2021.

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