Austria will continue to host Formula 1 until 2027 after signing a four-year contract. both sides said on Wednesday.
The Austrian Grand Prix returned to Formula One in 2014, with the last race under the existing agreement scheduled to take place on 2 July.
“The Austrian Grand Prix is the perfect combination of a challenging track, fast racing and a great place for our fans, which is why I am delighted that we will be returning to the Red Bull Ring until at least 2027 in accordance with this new agreement. agreement,” said F1 President and CEO Stefano Domenicali.
IMPORTANT: The Austrian Grand Prix will remain on the calendar until at least 2027#AustriaGP #F1 pic.twitter.com/jwq2do3MMn
— Formula 1 (@F1) March 15, 2023
“As we celebrate 10 years since our return to Spielberg, I would like to thank everyone involved in this update, especially the promoter and Red Bull, and I want to pay tribute to Dietrich Mateschitz for the love, passion and vision he brought to Formula 1, which ensured the success of the event and great enthusiasm for our sport in Austria and around the world.”
Erich Wolff, CEO of Projekt Spielberg GmbH & Co KG added: “We are proud of the special partnership we have formed with Formula 1 and we are thrilled to welcome top class motorsports representatives to the Red Bull Ring for a further four years by signing this contract extension. Formula 1 has made firm commitments to Austria, Styria and the Murtal region.
“As we enter the tenth year of our partnership with Formula 1, we want to celebrate this milestone with all the big fans of the sport and thank them for their loyalty and the amazing atmosphere they are helping to create. We invite everyone to experience another experience. great race weekend at Spielberg in 2023.”
Source: www.espn.com
