Formula 1 will be racing at Melbourne for the Australian Grand Prix until 2035. The new 10 year contract starts in 2025 and comes with the addition of Formula 2 and formula 3 to the schedules from 2023.
Formula 1 raced in Melbourne for the first time in 1996 and has been entertaining us ever since. However, the pandemic meant that we missed out on the Australian Grand Prix for two seasons running but this year it saw 419,000 fans attend the race.
We also saw all the upgrades made through investment from the circuit promoter and organisers. It brought lots of attention and came back with good reviews from fans and drivers. This looks to improve fan experience over the next decade.
Stefano Domenicali, President and CEO, Formula 1, said “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. 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.”