Red Bull Ring renewed in F1 until 2030

austrian circuit red bull ring He will remain on the F1 calendar until at least 2030 after F1 announced a contract extension on Sunday.

Spielberg’s race is home to the energy drink company, which owns two of F1’s 10 teams, champions Red Bull Racing and Italy’s AlphaTauri. And tens of thousands of orange-clad Dutch fans flock to the event each year to fill the stands to see their country’s star drivers. Max Verstappenat the home circuit of the Red Bull team.

The two parties agreed in March last year to extend the treaty for four years until 2027, and have now extended it for another three years.

CEO of F1 Stefano Domenicalisaid the latest extension was a tribute to the Red Bull co-founder’s “vision and passion”. Dietrich Mateschitzpassed away last October.

“The Austrian race is a favorite race for our drivers and all of our fans and we look forward to many years of excitement and success,” he added in a statement.

Sunday’s announcement confirms that Austria has surpassed other European circuits in terms of contract lengths, and will join F1’s lucrative neo-events, including Bahrain with contracts until 2036, Melbourne and Saudi Arabia with contracts until 2035, Qatar and Miami with Qatar until 2032. almost equivalent to some of the by 2031 and Abu Dhabi by 2030.

Spielberg made his first appearance on the F1 calendar at the original Osterreichring circuit from 1970 to 1987, then moved to the A1 ring from 1997 to 2003 and now operates as the Red Bull Ring, where returned in 2014 with the backing of Red Bull. – Founder Dietrich Mateschitz takes office after the blank of 11 years.

Red Bull have won every race so far this season and have won nine in a row, including the final race of 2022, with the team of double world champions Max Verstappen and Sergio Perez of Mexico last month in Canada. He celebrated his 100th F1 victory.