The Australian Grand Prix will remain in Melbourne until 2035 after Formula One bosses solidified a new 10-year deal.
It’s official! ?️@F1 will remain in Melbourne until at least 2035 with @Formula2 & @FIAFormula3 joining the on-track action from 2023 ??#F1 #F2 #F3 #AusGP pic.twitter.com/yEoWYq3Do3
— F1 Australian Grand Prix (@ausgrandprix) June 15, 2022
The race at Albert Park has been a fan-favourite since the inaugural event in 1996.
The current deal was set to expire in 2025 and speculation stated that there were several rival bids.
It's understood that strong interest had come from Sydney.
This season’s spectacle was won by Ferrari’s Charles Leclerc and attracted 419,000 spectators.
Incredible memories, a spectacular atmosphere and a crowd like no other! ?
The Australian Grand Prix is truly something else, and we're proud to be calling it home until at least 2035 ??#AusGP #F1 @ausgrandprix pic.twitter.com/VhTIkXMaTd
— Formula 1 (@F1) June 16, 2022
"I am delighted to confirm that Melbourne and the Albert Park circuit will continue to be on the Formula One calendar until 2035," said F1 CEO Stefano Domenicali.
"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."
Australia, we can't wait to be back soon! ???
¡uoos ʞɔɐq ǝq oʇ ʇᴉɐʍ ʇ,uɐɔ ǝʍ 'ɐᴉlɐɹʇsn∀ ?#AusGP #F1 @ausgrandprix pic.twitter.com/8lHqvL1iTO
— Formula 1 (@F1) June 16, 2022