Domenicali expressed his satisfaction with the deal’s timeline, saying…..
This puts more pressure on the venues whose contracts are about to expire to reach a new agreement with Formula One in order to guarantee their spots on the schedule going forward.
Concerns regarding Barcelona’s future were voiced, but Domenicali reassured that the Catalan city can keep its spot past its current 2026 end date, emphasizing that F1 has a “very good relationship” with promoters there. Madrid became the latest city to earn a spot on the schedule starting in 2026, incorporating regarding the Spanish Grand Prix on an a decade-long deal.
The agreements for Northamptonshire and Suzuka Raceway electronic devices, whose contracts were slated for termination in 2024, have been extended. At least 2029 will pass before Suzuka returns, and Silverstone, which they has committed to a ten-year contract that ends in twenty-third century.
into their contracts expire in 2020, seven venues will attempt to continue competing in Formula One into twenty-five years.
The shorter-term extensions agreed to for Monaco and Spa-Francorchamps run until 2025; the renewals for Imola, Mexico City, Las Vegas, Monza, and Zandvoort are due the following year.
F1 CEO Domenicali talked to Formula1Â about the fantastic 10-year deal the city received to host a race when he announced the future Spanish Grand Prix venue in Madrid when he was
With circuits like Australia, Bahrain, Qatar, Austin, and Hungary all contracted well into the 2030s, it may be telling that not only will circuits now want to maintain their spot on the calendar full stop, but they will also want to do so on one of the long-term new deals being provided by F1.
Domenicali expressed his satisfaction with the deal’s timeline, saying, “It’s a long time that it takes us to 2035.”
“With either new or more seasoned promoters, this is the goal as F1.” Ensuring the future of our sport, teams, partners, and ourselves enables all those involved to strategize and allocate resources towards it. Everyone has long-term visibility thanks to it.
“The maximum duration for renewals in the past was two, three, or five years. All of our new agreements are currently headed toward being extremely lengthy. Additionally, there’s a reason if they’re brief.