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Formula 1 Austrian grand Prix Races on Through 2041 After Contract Extension
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The roar of engines will continue to echo through the styrian mountains for years to come,as the Formula 1 Austrian Grand Prix has secured it’s place on the racing calendar until 2041 [[1]]. This extension ensures that the Red Bull Ring will host the event for many more years, solidifying Austria’s position in the world of Formula 1 [[2]].
Long-Term Commitment to Formula 1
The early contract extension demonstrates a strong commitment from both Formula 1 and Projekt Spielberg GmbH & Co KG, the race promoter, to maintain the Austrian Grand Prix’s presence. The previous agreement,set to expire in 2030,has been superseded by this new long-term deal. Only the Miami Grand Prix, also contracted through 2041, shares this extended commitment to the sport.
did You Know? The Red Bull Ring has a seating capacity of approximately 40,000 spectators, creating an electric atmosphere during the Grand Prix.
A Storied History of Racing in Austria
The Austrian grand Prix boasts a rich and complex history within Formula 1. The race first appeared on the calendar in 1964 at the Zeltweg Airfield, but it was short-lived. It returned in 1970 to a venue then known as the Osterreichring, hosting races until 1987. Safety concerns led to its removal from the schedule, but the race was revived in 1997 at the A1-Ring until 2003.After a hiatus, Red Bull founder dietrich Mateschitz purchased the venue in 2010 and invested heavily in renovations, leading to its triumphant return to the Formula 1 calendar in 2014.
Key Moments in Austrian Grand Prix History
- 1964: Inaugural Austrian Grand Prix held at Zeltweg airfield.
- 1970-1987: Races held annually at the Osterreichring.
- 1997-2003: The A1-Ring hosts the Grand Prix after renovations.
- 2014: The Red Bull Ring marks the race’s return to the F1 calendar.
Statements from Formula 1 Leadership
Formula 1 CEO Stefano Domenicali emphasized the importance of the Austrian race,stating,”Austria has long been an incredibly special race for F1,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 the contributions
