The Austrian Grand Prix extend its contract with F1 as the circuit in Spielberg will feature in the race calendar up until the year 2041 on Sunday.
鈥淚 am delighted that Formula 1 will remain at the Red Bull Ring for many years to come,鈥 Mark Mateschitz, son of the late Dietrich, who helped fund the return and rebrand of the race at Spielberg in 2014 following an 11-year absence, said.
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鈥淚 am proud to continue my father鈥檚 legacy and to preserve the rich history of motor racing in the region of)Styria and at the Red Bull Ring 鈥 with and, above all, for the people of the region,鈥 he added.
鈥淎ustria鈥檚 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.鈥
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Austria had already secured a contract until 2030 two years ago, and the recent extension now places it alongside the Miami Grand Prix as the only F1 events with agreements extending into the 2040s. The Austrian Grand Prix has strong ties to Red Bull鈥檚 presence in F1.
This follows a trend in F1 of securing unusually long-term contracts for certain circuits, planning well into the future.
Earlier this month, the Canadian Grand Prix was extended to 2035, while Miami received its extension through 2041 last month.
Other Grands Prix with contracts lasting more than a decade include Bahrain, which secured a deal in 2022 valid until 2036, and the Australian Grand Prix in Melbourne, which has an agreement through 2037.