26 April 2024
Hungary secures F1 race through 2026
"The contract has been extended for another five years"
Hungary’s place on the F1 calendar is secure for a decade.
Reports out of Budapest say organisers of the annual race at the Hungaroring have inked a new-five year extension that will now see the deal run until 2026.
The news broke as the circuit launched its complete re-asphalting of the twisty layout.
"The contract has been extended for another five years, which means a place on the formula one calendar until 2026," confirmed Sesztak Miklos, Hungary’s minister of national development.
"Without giving the details of the contract, I can tell you that we can organise the races for another five year period with very favourable terms," he is quoted by F1 Vilag, a specialist Hungarian media source.
Search
Formula 1 news
26 April 2024
Axed French GP group facing ’embezzlement’ probe
26 April 2024
Hockenheim inches closer to F1 race return
26 April 2024
Official: Hülkenberg lands multi-year Sauber/Audi deal
26 April 2024