Formula 1 News: Austrian GP contract extended 11 years to 2041
After the contract between Formula 1 and the Red Bull Ring was already extended two years ago until 2030, the Austrian GP is now confirmed to remain on the motorsport calendar until 2041.
With this step, Formula 1 and the Red Bull Ring emphasize their strong commitment to Austria, the state of Styria, and the Murtal region.
The Austrian GP boasts a long and prestigious history in Formula 1, having appeared on the calendar 37 times, with the first race taking place in 1964.
The Red Bull Ring, situated in the Styrian mountains, first hosted the event in 1970 and offers one of the most picturesque settings for a Formula 1 race, with drivers navigating the 4.3 km circuit known for its elevation changes and mix of high- and low-speed corners that encourage wheel-to-wheel battles.
The circuit dropped off the calendar in 2004, but in 2010 the late Dietrich Mateschitz invested in the Red Bull Ring, funding renovations that revitalized the facility and led to its return in 2014.
Since then, the race has become a favorite among fans and drivers alike. A roll call of greats from Formula 1’s 75-year history have taken the top step in Austria, including Alain Prost, Niki Lauda, Michael Schumacher and Alan Jones.
Four drivers from the current grid have also claimed victory in Austria. Max Verstappen, Lewis Hamilton, Charles Leclerc and George Russell have all triumphed at the Red Bull Ring, with Verstappen holding the record for the most wins on five (four under its guise as the Austrian GP and once when it featured as the Styrian Grand Prix in 2021).
Stefano Domenicali, President and CEO of Formula 1, said: “Austria has long been an incredibly special race for Formula 1 so it’s fantastic we have secured the long-term future of a Grand Prix so deeply rooted in the sport’s history.
“The vision and passion of Dietrich Mateschitz gave the race the investment and attention that allowed it to return as an incredible event on the Formula 1 calendar.
“Each year, returning to the stunning Styrian mountains is a highlight – an experience that evokes incredible emotion among our drivers, teams, and fans alike, creating an atmosphere unlike any other.
“I want to extend my sincere thanks to Mark Mateschitz and Thomas Überall and his team for their unwavering dedication to excellence, and to our incredible Austrian fanbase, whose enthusiasm and loyalty continue to elevate this iconic race.”
Mark Mateschitz added: “I am delighted that Formula 1 will remain at the Red Bull Ring for many years to come. I am proud to continue my father’s legacy and to preserve the rich history of motor racing in Styria and at the Red Bull Ring – with and, above all, for the people of the region.
“Austria’s close ties to Formula 1 are an excellent foundation for our long-term partnership. Working together, we intend to continue this success story for many years to come.”
Thomas Überall, General Manager of the Red Bull Ring, said: “This long-term commitment to us by Formula 1 is a great honor and a wonderful challenge that we are happy to undertake on behalf of the fans and the Murtal region.
“The new contract is of inestimable importance for the future. The long-term security of the Austrian Grand Prix will trigger further investment in infrastructure and means tremendous added value for the Murtal region, for Styria and for Austria.”
Current F1 Event Statistics with Austrian GP Update
Rnd | 2025 Date | Event | Circuit | Location | Annial Hosting Fee ($) | Contract Good Thru | 3-Day Attendance | Length (km) | Length (Miles) | Turns | Laps |
1 | March 16 | Australian GP | Albert Park Circuit | Melbourne | 40 million | 2037 | 465,498 | 5.279 | 3.280 | 16 | 58 |
2 | March 23 | Chinese GP | Shanghai Intl Circuit | Shanghai | 50 million | 2030 | 220,000 | 5.451 | 3.387 | 16 | 56 |
3 | April 6 | Japanese GP | Suzuka International Racing Course | Suzuka | 50 million | 2029 | 266,000 | 5.807 | 3.608 | 18 | 53 |
4 | April 13 | Bahrain GP | Bahrain International Circuit | Sakhir | 45 million | 2036 | 105,000 | 5.412 | 3.363 | 15 | 57 |
5 | April 20 | Saudi Arabian GP | Jeddah Street Circuit | Jeddah | 55 million | 2030 | 150,000 | 6.175 | 3.837 | 27 | 50 |
6 | May 4 | Miami GP | Miami International Autodrome | Miami | $45M-$60M | 2041 | 275,480 | 5.410 | 3.362 | 19 | 57 |
7 | May 18 | Emilia Romagna GP | Imola | Imola | 20 million | 2025 | 242,000 | 4.909 | 3.050 | 21 | 66 |
8 | May 25 | Monaco GP | Circuit de Monaco | Monte Carlo | 32 million | 2031 | 250,000 | 3.340 | 2.075 | 19 | 78 |
9 | June 1 | Spanish GP | Circuit de Barcelona | Montmeló | 25 million | 2026 | 300,286 | 4.655 | 2.892 | 16 | 66 |
10 | June 15 | Canadian GP | Circuit Gilles Villeneuve 14 turns | Montreal | 29 million | 2035 | 352,000 | 4.361 | 2.710 | 14 | 70 |
11 | June 29 | Austrian GP | Red Bull Ring | Spielberg | 30 million | 2041 | 304,000 | 4.326 | 2.688 | 10 | 71 |
12 | July 6 | British GP | Silverstone Circuit | Silverstone | 40 million | 2034 | 480,000 | 5.891 | 3.660 | 18 | 52 |
13 | July 27 | Belgian GP | Circuit de Spa-Francorchamps | Stavelot | 32 million | 2031 | 380,000 | 7.004 | 4.352 | 19 | 44 |
14 | August 3 | Hungarian GP | Hungaroring | Mogyoród | 40 million | 2032 | 303,000 | 4.381 | 2.722 | 14 | 70 |
15 | August 31 | Dutch GP | Circuit Zandvoort | Zandvoort | 32 million | 2026 | 305,000 | 4.459 | 2.771 | 14 | 72 |
16 | September 7 | Italian GP | Autodromo Nazionale di Monza | Monza | 32 million | 2031 | 304,135 | 5.793 | 3.600 | 17 | 53 |
17 | September 21 | Azerbaijan GP | Baku City Circuit | Baku | 55 million | 2026 | 95,000 | 6.003 | 3.730 | 20 | 51 |
18 | October 5 | Singapore GP | Marina Bay Street Circuit | Singapore | 35 million | 2028 | 264,108 | 5.063 | 3.146 | 23 | 61 |
19 | October 19 | United States GP | Circuit of the Americas | Austin | 25 million | 2026 | 432,000 | 5.513 | 3.426 | 20 | 56 |
20 | October 26 | Mexico City GP | Autódromo Hermanos Rodríguez | Mexico City | 30 million | 2028 | 400,639 | 4.304 | 2.674 | 17 | 71 |
21 | November 9 | Sao Paulo GP | Autódromo José Carlos Pace | São Paulo | 30 million | 2030 | 267,000 | 4.309 | 2.677 | 15 | 71 |
22 | November 23 | Las Vegas GP | Las Vegas Street Circuit | Las Vegas | Owned by F1 Assume $45M |
2033 | 315,000 | 6.120 | 3.803 | 17 | 50 |
23 | November 30 | Qatar GP | Losail International Circuit | Losail | 55 million | 2032 | 120,000 | 5.380 | 3.343 | 16 | 57 |
24 | December 7 | Abu Dhabi GP | Yas Marina Circuit, | Abu Dhabi | 40 million | 2030 | 165,000 | 5.554 | 3.451 | 21 | 55 |
w/o Madrid | $894 million | 6,761,146 | Averages | 3.234 mi. | 18 | 60 | |||||
25 | TBD | Spanish GP | IFEMA Madrid Circuit | Madrid | 65 million | 2035 | 330,000 | 5.474 | 3.401 | 20 | 56 |
w/Madrid | $956 million | 7,091,146 | Averages | 3.240 mi. | 18 | 60 |
Note: Some Event Statistics are estimated based on media reports because contracts are not made public