The F1 announced this Wednesday that it has signed a new renewal agreement with the current promoters of Austrian F1 GP so that the Austrian appointment will continue to be held for four more seasons, renewing until at least 2027 (inclusive).
The Circuit where this event will be held is the Red Bull Ring, owned by the Red Bull team, so its renewal is something taken for granted, as well as being a race where the stands are always packed with support for the home team and the current world champion, Max Verstappen.
The final race under the current agreement will take place from June 30 to July 2, 2023, marking the 10th anniversary of the return of the Austrian Grand Prix to the Formula 1 calendar. Again, for the second consecutive year, this 2023, The Austrian F1 GP will be a weekend with a sprint race. The contract for this event ended this course and F1 rushed to renew it.
“The Austrian Grand Prix brings together the perfect combination of a challenging track, high-speed racing and a great venue for our fans, so I am delighted that we will be returning to the Red Bull Ring until 2027 under the new agreement this,” he commented. Stefano Domenicali, President and CEO of Formula 1.
“As we celebrate the 10th anniversary since we returned to Spielberg, I want to thank everyone involved in this renewal, especially the promoter and Red Bull, and I want to pay tribute to Dietrich Mateschitz for the love , passion and vision that he brings to Formula 1, which ensures the continued success of the event and the enormous enthusiasm for our sport in Austria and around the world,” added the F1 boss.
Source: La Verdad
I’m Rose Herman and I work as an author for Today Times Live. My expertise lies in writing about sports, a passion of mine that has been with me since childhood. As part of my job, I provide comprehensive coverage on everything from football to tennis to golf.
