( CNN ) -- Mexico is set to return to the Formula One calendar after an absence of more than two decades , F1 boss Bernie Ecclestone has confirmed . The Mexico Grand Prix , along with races in New Jersey and South Korea , were included on the provisional calendar for 2014 only to be axed last December . But after last year 's false start , the country now looks set to host its first F1 race in 23 years . `` I 'm happy to announce we 've concluded an agreement to have a race in 2015 , '' Ecclestone said , the sport 's official website reported . `` Do n't miss this race ! '' The race will be run at a refurbished 4.421-kilometre Autodromo Hermanos Rodriguez circuit in Mexico City . A date has yet to be finalized . Tavo Hellmund , organizer of the U.S. Grand Prix in Austin , Texas and co-founding partner of the new Mexican Grand Prix said he was `` delighted '' a deal had been reached . `` Ever since Bernie and I began working on a race at Austin , it 's been a dream of mine to help Formula One return to Mexico , '' said Hellmund . `` This announcement has therefore been years in the making , but we 've gradually been able to assemble all the right pieces . I 'm absolutely delighted , '' he added . Force India driver Sergio Perez , one of two Mexican drivers currently on the grid , also hailed the news . `` The return of F1 to our country is a sign that the Mexican state can achieve anything . '' Perez wrote on his official website . `` It 's a great opportunity to show the world what Mexico is and what we are capable of achieving . We 're big and when we have the same tools as our competitors , we are the best in the world . '' His compatriot and Sauber driver Esteban Gutierrez also tweeted his approval . Perez was two years old when Britain 's Nigel Mansell won the last F1 race in Mexico in 1992 . Mexico hosted official F1 racing for eight years between 1963 and 1970 . The race was taken off the calendar for 15 years before returning in 1986 . Read more : Latest news from 2014 F1 season .
Team boss Bernie Ecclestone says race will take place in Mexico next season . Last F1 race in Mexico was held in 1992 . Mexican driver Pedro Perez says award is ` ` and that Mexico can achieve anything ''