Formula 1 will continue to race at the Red Bull Ring in Austria until at least 2030, extending its initial deal with the venue by three years.
The extension comes just a few months after Formula One Management signed a new contract with Red Bull subsidiary and race promoter Projekt Spielberg that covered the period between 2024 and 2027.
Spielberg, nestled in the Styrian hills, has enjoyed a solid presence on the calendar since its return in 2014 after an absence of over a decade, and has proved a popular destination for F1 and for the sport's fans.
"I am delighted to announce this news with our exceptional partners in Austria," said F1 CEO Stefano Domenicali.
"The vision and passion of Dietrich Mateschitz, a man who loved this sport, made this all possible, and it is a very special moment and a tribute to him that we can confirm we will be racing at this incredible venue until 2030.
"The race in Austria is a big favourite for the drivers and all our fans and we are looking forward to many years of excitement and action that are ahead of us."
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Oliver Mintzlaff, Red Bull's CEO of corporate projects and investments, said: "This is great news for everyone involved. For the Spielberg location, which will be strengthened in the long term.
"For F1, because the unique tradition of one of the most spectacular and atmospheric races on the calendar will continue. And last but not least for the fans, teams and drivers who love the Red Bull Ring."
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