SPIELBERG, Austria — The Purple Bull Ring will proceed to host Formulation One till no less than 2030, it was introduced on Sunday.
F1 had already agreed an extension with the venue till 2027 earlier this yr and have now added one other three years to the deal.
The circuit, situated within the Styrian hills in Austria, has been on the schedule in its present guise since 2014.
It was bought by Purple Bull founder and Styrian native Dietrich Mateschitz in 2011 and renovated for contemporary F1.
The 2023 race is the primary since Mateschitz’s dying in October final yr. Purple Bull’s Max Verstappen is trying to mark the event with a document fourth Austrian Grand Prix win and a fifth on the venue.
Verstappen gained the Austrian Grand Prix in 2018, 2019 and 2021.
He additionally gained the Styrian Grand Prix in 2020 — the circuit hosted two races on back-to-back weekends that yr to kick off the season, which was shortened by the Covid-19 pandemic.
The venue additionally hosted two races in 2021 earlier than returning to solely being the Austrian Grand Prix in 2022.
The Austrian facility has a protracted historical past within the sport in numerous guises, first internet hosting F1 because the Österreichring between 1970 and 1987.
It was then shortened and renamed the A1-Ring, internet hosting the Austrian GP for a second time between 1997 and 2003.
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Revealed : 2023-07-03 14:44:04