Austrian Grand Prix and Formula 1 Agree to Multi-Year Extension, Securing Race's Future Long-Term.
  • 452 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


Bayern Munich and Flamengo are set to clash in a high-stakes round of 16 match at the FIFA Club World Cup 2025, taking place at Hard Rock Stadium in Miami Gardens, Florida. This marks the first-ever competitive fixture between these two football gian...
  • 234 views
  • 2 min

England's Lionesses delivered a commanding performance in their final match before heading to Switzerland for the UEFA Women's EURO 2025, defeating Jamaica 7-0 at Leicester's King Power Stadium. The victory served as a confidence booster and a statem...
  • 249 views
  • 2 min

Sergei Bobrovsky's journey to becoming arguably the best goalie in the world is a testament to his unwavering focus, tireless work ethic, and profound humility. The veteran netminder has consistently demonstrated these qualities throughout his NHL ca...
  • 455 views
  • 2 min

Paris Saint-Germain (PSG) delivered a resounding defeat to Inter Miami in the FIFA Club World Cup, securing a 4-0 victory in their round of 16 match at Mercedes-Benz Stadium in Atlanta. The match marked a poignant moment as Lionel Messi faced his for...
  • 303 views
  • 2 min

Advertisement
South Africa firmly seized control of the first Test against Zimbabwe on the second day at Queens Sports Club in Bulawayo, despite a valiant century from Zimbabwe's Sean Williams. By the end of the day, South Africa had established a commanding 216-r...
  • 309 views
  • 2 min

On June 30, 2013, the Vancouver Canucks executed a trade that would alter the course of their franchise for years to come. In a move that shocked many, they sent goaltender Cory Schneider to the New Jersey Devils in exchange for the ninth overall pic...
  • 286 views
  • 3 min

The trade that sent P. K. Subban from the Montreal Canadiens to Shea Weber of the Nashville Predators on June 29, 2016, continues to be a topic of debate and reevaluation. The one-for-one swap involving two of the highest-paid defensemen in the NHL at...
  • 180 views
  • 3 min

Cristiano Ronaldo, the Portuguese superstar, has made headlines recently by turning down offers to participate in the Club World Cup, prioritizing rest and preparation for the upcoming season, with the 2026 World Cup firmly in his sights. At 40 years...
  • 307 views
  • 2 min

Advertisement
About   •   Terms   •   Privacy
© 2025 SportsBuzz360