Following a hugely successful race weekend in 2022 for the Australian Grand Prix after the COVID-19 pandemic forced the cancellation of the 2020 and 2021 races, Formula One and the AGPC have agreed a new deal that will see the race on the calendar until at least 2035.
A new 10-year deal has been signed as a contract through to 2025 was already done before this latest news.
The venue in Melbourne was ever-present on the F1 circus from 1996 to 2019, before the pandemic saw it drop off the calendar for two seasons. Over 400,000 attended the event when it returned in April of this year.
A number of modifications were made to the roads around Albert Park during the pandemic to try and improve the racing as F1 and V8 Supercars returned this year.
As well as F1 continuing in the Victorian state, Formula 2 and Formula 3 will make their first appearances Down Under next year as F1’s feeder series's have also been confirmed to race in Melbourne.
Stefano Domenicali, President and CEO of Formula 1, said: “I am delighted to confirm that Melbourne and the Albert Park circuit will continue to be on the Formula 1 calendar until 2035. The race has always been a favourite for the fans, drivers and the 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 passionate fans at the Grand Prix, and we are very excited by the future in Australia as our sport continues to grow. I want to thank the Victorian Government, Daniel Andrews, Premier of Victoria and Martin Pakula, Minister for Tourism, Sport & Major Events for their tireless support for the event in Melbourne, as well as Andrew Westacott and Paul Little from the AGPC for making this already long-term partnership secure for the future. We are all looking forward to being back in Melbourne next season with all our fans.”
Martin Pakula, Minister for Tourism, Sport & Major Events, Victorian Government, said: “The Australian Grand Prix has never been bigger, with more than 419,000 people flocking to Albert Park for this year’s race. We know how important this event is to our economy and that’s why we’ve delivered the longest extension for the race since it has been held in Melbourne.”
Andrew Westacott, CEO of the Australian Grand Prix Corporation, said: “This is a sensational announcement that is simply great for Melbourne and Victoria. It builds on our rich motor sport history as well as Melbourne’s love of big sporting events and provides aspiration to the next generation of Aussie racing stars. We’re proud of our strong relationship with Formula 1 and together we will grow the sport in Australia and the broader Asia-Pacific region. Everyone at the Australian Grand Prix Corporation looks forward to taking the Formula 1 Australian Grand Prix to new levels over the course of the next 13 years.”