Formula 1 is paying for very long-term contracts, as evidenced by the renewal that Liberty Media has reached with the promoters of the Australian Grand Prix, which will last until no less than 2035, also ensuring a presence in Melbourne, in the usual Albert Park circuit, which also premiered a remodelling this year.
Australia, absent in the two years of the pandemic, is usually one of the favourite dates for fans, especially when the season opens. It also has the support of the local public, as shown by the more than 400,000 fans who visited the track during the last Grand Prix.
Although the renewal of Australia is not a surprise, it is that it has also been announced that Formula 2 and Formula 3 will also visit this continent next season, these being categories that are going through economic difficulties and where there are hundreds of restrictions alluding to the cost containment.
Melbourne and the Albert Park circuit will remain on the Formula 1 calendar until 2035. The race has always been a favourite of fans, drivers, and teams, and Melbourne is an incredibly international city. and vibrant, which is a perfect match for our sport. This year we saw large crowds and passionate fans at the Grand Prix, and we are very excited about Australia as our sport continues to grow. I am thankful the
Victorian Government, Daniel Andrews, Premier of Victoria, and Martin Pakula, Minister for Tourism, Sport and Major Events, for their tireless support of the event in Melbourne, as well as Andrew Westacott and Paul Little of AGPC for making this already long-term partnership secure for the future. Stefano Domenicali, president of Formula 1, declared at the signing of the renewal document.
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