Formula One announces Austrian Grand Prix extension

Formula One has announced a long-term extension of its partnership with promoter Projekt Spielberg GmbH & Co KG, which will keep the Austrian Grand Prix on its calendar until 2041.

The Austrian Grand Prix first appeared on the F1 calendar in 1964 and remained on it until 2004. Red Bull founder Dietrich Mateschitz invested in and renovated the Red Bull Ring in 2010, and the track eventually saw F1 return in 2014.

On the Austrian GP extension, Stefano Domenicali, President and CEO of Formula One, commented:

“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. The vision and passion of Dietrich Mateschitz gave the race the investment and attention that allowed it to return as an incredible event on the Formula 1 calendar. Each year, returning to the stunning Styrian mountains is a highlight – an experience that evokes incredible emotion among our drivers, teams, and fans alike, creating an atmosphere unlike any other. I want to extend my sincere thanks to Mark Mateschitz and Thomas Überall and his team for their unwavering dedication to excellence, and to our incredible Austrian fanbase, whose enthusiasm and loyalty continue to elevate this iconic race.“

Mark Mateschitz said:

“I am delighted that Formula 1 will remain at the Red Bull Ring for many years to come. I am proud to continue my father’s legacy and to preserve the rich history of motor racing in Styria and at the Red Bull Ring – with and, above all, for the people of the region. Austria’s close ties to Formula 1 are an excellent foundation for our long-term partnership. Working together, we intend to continue this success story for many years to come.“

Thomas Überall, General Manager of the Red Bull Ring, added:

“This long-term commitment to us by Formula 1 is a great honour and a wonderful challenge that we are happy to undertake on behalf of the fans and the Murtal region. The new contract is of inestimable importance for the future. 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.“