The Heart-Warming Reason F1 Extended The Austrian Grand Prix Contract

F1 confirmed a contract extension for the Austrian Grand Prix earlier today, revealing that it will be part of the calendar until at least the 2027 season.

Stefano Domenicali, F1 CEO, has spoken about the extension and the reasoning behind the decision.

He explained:

“The Austrian Grand Prix brings together the perfect mix of a challenging track, high-speed racing, and a beautiful venue for our fans, so I am delighted that we will be coming back to the Red Bull Ring until at least 2027 under this new agreement.

“As we celebrate the 10th year since our return to Spielberg, I would like to thank everyone involved in this renewal, especially the promoter and Red Bull.

“I want to pay tribute to Dietrich Mateschitz for the love, passion, and vision he brought to Formula 1 that has ensured the continued success of the event and the huge enthusiasm for our sport in Austria and around the world.”

Mateschitz, the co-founder of Red Bull GmbH, sadly passed away last year. The Austrian team made the announcement at the 2022 Austin Grand Prix before they achieved the constructors' championship which they later dedicated to him.

General Manager of Projekt Spielberg GmbH & Co KG, Erich Wolf, has also spoken about the race staying on the line-up for a while. He said:

“We are proud of the special partnership we have with Formula 1.

“We are absolutely delighted to be welcoming the top class of motorsport to the Red Bull Ring for a further four years. In signing this contract extension, Formula 1 has made a strong commitment to Austria, Styria and the Murtal region.

“As we enter the tenth year of our partnership with Formula 1, we want to celebrate this milestone with all the great fans of the sport and to thank them for their loyalty and the tremendous atmosphere they help to generate.

“Everyone is invited to experience another great race weekend at Spielberg in 2023.”

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