fbpx
F1 extends Belgian GP deal

Formula One extends Belgian Grand Prix deal

October 16, 2023

Formula One has announced an extension of the Belgian Grand Prix, which will thus remain on the calendar until 2025 after the signing of a one-year extension agreement. 

The Belgian Grand Prix first took place in 1950 and has seen 56 editions. The Spa circuit is also the longest circuit on the F1 calendar, stretching up to 7.004 kilometres, approximately. 

Stefano Domenicali, President and CEO of Formula One, commented:

Spa is synonymous with Formula 1 having been one of the circuits in our first ever season and is much-loved by fans and drivers alike, so I am delighted to extend our relationship with them until 2025. The promoter has taken big strides in the last few years to improve the fan experience and infrastructure, and work is ongoing between all the stakeholders with a clear focus on delivering safe and exciting racing. I would like to thank the promoter and the Government of Wallonia for their continued support.

Willy Borsus, Vice-President and Minister for the Economy of Wallonia, added:

We are proud and excited to announce that the Formula 1 Grand Prix will take place in Wallonia in 2025. Our region will once again rise to the top of the international scene, thanks to its high-quality events and legendary sports infrastructure. Beyond the prestige, I would like to emphasise the considerable economic impact that this event brings to Wallonia and Belgium. 

According to a study carried out in 2021, the Grand Prix generates positive spin-offs of €41.8 million for our region, after deduction of public funding, which is steadily decreasing. These figures constitute a solid indication of the financial impact, and the positive outlook means that we can expect even more positive results this year. The Formula 1 Grand Prix thus embodies both an emblematic moment in motor sport and a powerful engine of economic growth for our Region.

Aditya Chaudhuri

Hailing from the City of Joy, the things that bring me joy are cricket, a good non-tilt CS:GO session, F1 and movies.

Leave a Reply

Your email address will not be published.

F1 Academy teams up with Champions of the Future
Previous Story

F1 Academy teams up with Champions of the Future

SAFF teams up with Lay's
Next Story

Saudi Arabia FA teams up with Lay’s

Latest from F1 News

Go toTop