The Australian Formula 1 Grand Prix will be in Melbourne until at least 2035, under a new contract that will extend the race contract for another 10 years.
First for the Australian race, both Formula 2 and Formula 3 divisions will be added to the race weekend schedule from next year.
The move puts an end to any hopes of race theft in New South Wales, a plan introduced by state premier Dominic Perotet last year.
Read more: Honey’s promoter broke the ‘disgusting’ goodwill strategy
Read more: The movement of the hero’s keeper reveals the trick of the drink bottle
Read more: Blues Origin looks to the old enemy for survival
“It’s a loss for the F1. That’s all I can say,” Perotet said.
“It simply came to our notice then.
“It’s a global event and Sydney is really the only global city in Australia.”
The race has been organized by Albert Park since he took over from Adelaide in 1996.
This year’s event drew more than 419,000 fans to the track over the weekend.
“I’m happy to confirm that the Melbourne and Albert Park Circuits will be on the Formula 1 calendar until 2035,” said F1 boss Stefano Domenicali.
“Race has always been a favorite for fans, drivers and teams and Melbourne is an incredible and vibrant international city that is a perfect match for our sport.”
Improvements to the paddock and pit lanes are planned so that the circuit can keep pace with the facilities available to others around the world. The upgrades follow track changes applied to this year’s race
“It’s a shocking announcement, great for Melbourne and Victoria,” said Australian Grand Prix boss Andrew Westcott.
“It’s based on our rich motorsport history as well as Melbourne’s love for big sporting events and the ambition for the next generation of Aussie racing stars.”
“We are proud of our strong relationship with Formula 1 and together we will promote the sport in Australia and the greater Asia-Pacific region. Everyone at the Australian Grand Prix Corporation looks forward to taking Formula 1 Australian Grand Prix to a new level in 13 years.”
Next year’s race date is not yet locked, but the event is expected to be held again in March or April.
To get a daily dose of the best breaking news and exclusive content from the Wide World of Sports, subscribe to our newsletter Click here!
