Formula 1’s Japanese Grand Prix will remain at Suzuka until at least 2024 after a new three-year contract extension was agreed.
The figure-of-eight Suzuka, owned by Honda, first joined Formula 1’s calendar in 1987 and has been the scene of several iconic title showdowns.
Its current contract, signed in 2018, was due to expire at the end of 2021 but on Saturday an extension was announced to cover the next three seasons.
“I am truly delighted that Formula 1 will continue to race at Suzuka Circuit for another three years,” said Formula 1 CEO Stefano Domenicali.
“Japan holds a special place in the hearts and minds of F1 fans all over the world, and Suzuka has played host to many of the sport’s most legendary moments.
“The Japanese Grand Prix has always showcased gripping, edge-of-your-seat drama, and I am thrilled we can continue to bring the action and excitement that is Formula 1 to the passionate motorsport fans of Japan.
“This extension is part of our long-term commitment to growing the sport in Asia, and we are pleased to be able to continue our successful relationship with [promoter] Mobilityland.”
The renewed deal comes in the wake of Honda-supported youngster Yuki Tsunoda becoming Japan’s first representative on the Formula 1 grid since 2014.
“As a result of repeated negotiations with Formula 1, we have been able to conclude a contract on hosting the event from the year 2022 and onward,” said Kaoru Tanaka, President of Mobilityland.
“We would like to express our sincere gratitude to Formula 1 members, including first of all Stefano, for the great understanding that was shown during the negotiations.
“We are determined to continue to our efforts together with local residents of Mie Prefecture and Suzuka City so that Suzuka Circuit will continue to be loved by fans all over the world and contribute to the prosperity of the motorsports culture.”
This year’s Japanese Grand Prix is currently scheduled to take place on October 10.
The event did not run in 2020 due to the pandemic.