The Australian Grand Prix will remain in Melbourne until at least 2035, following the announcement of a 10-year contract by Formula 1. The new contract will start in 2025 and Formula 2 and Formula 3 will also join the race weekend schedule for the first time since 2023. ,
At the 2022 Grand Prix, more than 419,000 spectators visited the Albert Park Circuit for the weekend of the race, highlighting the location on the Formula 1 calendar since the first race in Melbourne in 1996.
“I am delighted to confirm that the Melbourne and Albert Park Circuits will remain on the Formula 1 calendar until 2035,” Stefano Domenicli, President and CEO of Formula 1, said in a statement.
“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.
“This year we saw huge crowds and enthusiastic fans at the Grand Prix and we are very excited about the future of Australia as our game grows.”
Victoria’s Minister for Tourism, Sports and Major Events, Martin Pakula, emphasized the importance of the event to the state.
“We know how important this event is to our economy and so we’ve extended this race to the longest since we held it in Melbourne,” Pakula said.
Andrew Westcott, chief executive of the Australian Grand Prix Corporation, said: “This is a great announcement for Melbourne and Victoria. Everyone at the Australian Grand Prix Corporation is looking forward to taking Formula One Australian Grand Prix to new heights. The next 13 years.