Red Bull Ring Extends Agreement to Continue Hosting Austrian Grand Prix Until 2030

The Red Bull Ring racetrack has extended its contract with Formula One to continue hosting the Austrian Grand Prix until 2030.
Max Verstappen and Red Bull Racing, which is headquartered in Austria, enjoy a home advantage at the event.
The Red Bull Ring has hosted the Austrian Grand Prix since 2014 and held additional Styrian Grand Prix races in 2020 and 2021 during the COVID-19 pandemic.
The extension is meant to honor the late Red Bull co-founder Dietrich Mateschitz.
The deal provides stability to Formula One's European event lineup.