Home

News

Video

In-Short
Austrian Grand Prix and Formula 1 Agree to Multi-Year Extension, Securing Race's Future Long-Term.
  • 409 views
  • 2 min read

Formula 1 has confirmed that the Austrian Grand Prix will remain on the calendar until 2041, securing the Red Bull Ring's place in the sport for many years to come. This long-term contract extension, announced just hours before the 2025 Austrian Grand Prix, underscores the circuit's significance in F1 history and its continued appeal to drivers, teams, and fans.

The Red Bull Ring, nestled in the Styrian mountains, has a rich history in Formula 1. The first race was held in 1964, and since 1970, the circuit has hosted the majority of the Austrian Grand Prix events. However, the track was dropped from the calendar in 2003 but was revived in 2014 thanks to investment from Red Bull co-founder Dietrich Mateschitz. Mateschitz's vision and passion brought the race back to Grand Prix standards, transforming it into a favorite among the F1 community.

The extension of the Austrian Grand Prix's contract signals F1's commitment to blending tradition with its vision for the future. The Red Bull Ring has become synonymous with action-packed racing, set against the backdrop of stunning mountain scenery. The circuit's unique layout, characterized by sweeping curves and elevation changes, provides a thrilling challenge for drivers and delivers exciting races for fans.

F1 CEO Stefano Domenicali emphasized the importance of the Austrian Grand Prix, stating, "Austria has long been an incredibly special race for Formula 1 so it's fantastic we have secured the long-term future of a Grand Prix so deeply rooted in the sport's history". He also acknowledged Dietrich Mateschitz's contribution, noting that his vision and passion allowed the race to return as an incredible event on the Formula 1 calendar. Domenicali expressed gratitude to Mark Mateschitz and Thomas Überall for their dedication and to the Austrian fans for their unwavering support.

Mark Mateschitz, son of the late Dietrich Mateschitz, expressed his delight that Formula 1 will remain at the Red Bull Ring for many years. He is proud to continue his father's legacy and preserve the rich history of motor racing in Styria. Mateschitz added that Austria's close ties to Formula 1 provide an excellent foundation for their long-term partnership, and they intend to continue this success story.

Thomas Überall, General Manager of the Red Bull Ring, called the long-term commitment from Formula 1 a great honor and a wonderful challenge. He stated that the new contract is of inestimable importance for the future, as the long-term security of the Austrian Grand Prix will trigger further investment in infrastructure and means tremendous added value for the Murtal region, for Styria, and for Austria.

The Austrian Grand Prix joins the Miami Grand Prix with contracts extending through 2041, demonstrating Formula 1's strategic approach to securing long-term relationships with key circuits. The extension also follows Canada's recent extension through 2035, indicating a broader trend of long-duration deals in Formula 1. These long-term agreements provide stability for the sport and the regions that host the races, fostering continued investment and development.


Writer - Nisha Gupta
Nisha Gupta is a driven journalist, eager to make her mark in the media landscape, fueled by a passion for sports. With a strong academic background in communication and a sharp analytical mind, she excels at research. Nisha is particularly drawn to stories about technological advancements and their societal impact, aiming to deliver insightful, well-rounded reports that inform and engage her audience. Her love for sports also inspires her pursuit of objective analysis and compelling narratives.
Advertisement

Latest Post


Sports  |  Jun 29, 2025
The Columbus Blue Jackets' defensive situation remains a significant question mark as they navigate the offseason following the 2025 NHL Draft. Despite making selections to bolster their prospect pool, the team's immediate defensive needs are far fro...

Sports  |  Jun 29, 2025
The highly anticipated FIFA Club World Cup last-16 clash between Inter Miami and Paris Saint-Germain is set to take place today at Mercedes-Benz Stadium in Atlanta, Georgia. The match marks a significant moment as Lionel Messi faces his former club, ...

Entertainment  |  Jun 29, 2025
Veteran actor Sivakumar has shared his thoughts on how his family dynamics have evolved, acknowledging his son, Suriya, as the current guiding force. In a recent interview with Cinema Express, Sivakumar expressed that Suriya now leads the family, a t...

Entertainment  |  Jun 29, 2025
The sudden death of actress and television personality Shefali Jariwala has prompted an outpouring of grief and reignited discussions about media ethics and privacy during times of mourning. Jariwala, known for her vibrant personality and iconic role...

Advertisement
Sports  |  Jun 29, 2025
The Philadelphia Flyers entered the 2025 NHL Draft with a clear objective: to solidify their long-term vision by adding impactful talent to their prospect pool. With the selection of Porter Martone and Jack Nesbitt in the first round, the Flyers not ...

World  |  Jun 29, 2025
Union Home Minister Amit Shah has declared that the government will not engage in negotiations with Naxalites, urging them instead to lay down their arms and reintegrate into mainstream society. Speaking at a rally in Nizamabad, Telangana, Shah asser...

Sports  |  Jun 29, 2025
Chelsea captain Reece James has lauded his team's resilience following an unexpected setback during their recent Club World Cup match against Benfica. The Blues secured a 4-1 victory to advance to the quarter-finals, but the game was significantly di...

Sports  |  Jun 29, 2025
The Edmonton Oilers have made Tommy Lafreniere their first pick in the 2025 NHL Draft, selecting him 83rd overall in the third round. Here are seven things to know about the newest Oilers prospect: 1. **A Productive Season in the WHL**: Tommy Lafre...

Advertisement
About   •   Terms   •   Privacy
© 2025 DailyDigest360