The Australian Grand Prix will proceed to be held in Melbourne till 2035 after the race organisers signed a brand new 10-year settlement, System One introduced on Thursday.
The race was first run in 1928 and has been held on the Albert Park Circuit in Melbourne since 1996.
“The race has at all times been a favorite for the followers, drivers and the groups and Melbourne is an unimaginable and vibrant worldwide metropolis that could be a good match for our sport,” F1 president Stefano Domenicali stated in a press release.
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This yr’s Australian Grand Prix was staged in April, returning after a two-year absence as a result of Covid pandemic, and received by Ferrari’s Charles Leclerc.
Martin Pakula, Minister for Tourism, Sport & Main Occasions, Victorian Authorities, stated: “The Australian Grand Prix has by no means been larger, with greater than 419,000 individuals flocking to Albert Park for this yr’s race. We all know how essential this occasion is to our financial system and that’s why we’ve delivered the longest extension for the race because it has been held in Melbourne.”
Andrew Westacott, CEO of the Australian Grand Prix Company, stated: “It is a sensational announcement that’s merely nice for Melbourne and Victoria. It builds on our wealthy motor sport historical past in addition to Melbourne’s love of massive sporting occasions and gives aspiration to the following technology of Aussie racing stars. We’re happy with our robust relationship with System 1 and collectively we’ll develop the game in Australia and the broader Asia-Pacific area. Everybody on the Australian Grand Prix Company seems to be ahead to taking the System 1 Australian Grand Prix to new ranges over the course of the following 13 years.”
System One stated that subsequent yr’s date can be introduced “in the end”.
It additionally stated that the System Two and Three races can be added to the Grand Prix weekend from subsequent season for the primary time.