Formula 1 has announced a five-year contract extension with the Chinese Grand Prix that will see it remain on the calendar through 2030.
The Shanghai International Circuit made an enthusiastic return to F1 in 2024 after a five-year hiatus triggered by the COVID-19 pandemic.
A weekend attendance of approximately 200,000 Chinese fans arrived at the Shanghai circuit and were able to witness one of their own, Zho Guanyu, contest an F1 GP in front of them for the very first time.
Stefano Domenicali, President and CEO of Formula 1, said: “Our return to China this season for the first time since 2019 was a fantastic moment for the sport, and it is incredible to see the levels of support that we enjoy in the country continuing to grow year-on-year.
“Shanghai is an incredible city, and the racetrack is a wonderful test for our drivers, so I am delighted that Formula 1 will continue its successful partnership with the Chinese Grand Prix for a further five years.
“I want to thank our promoter for their continued commitment and passion, and I look forward to returning to Shanghai in the new year.”
F1 Chinese GP the ‘perfect platform to showcase Shanghai’
Guo Jianfei, Chairman of Shanghai Jiushi (Group) Co., Ltd., the promoter of Chinese Grand Prix, said: “For many years, Jiushi Group and our subsidiary, Juss Sports, have always adhered to our original intention to strive for the excellence in event organization, and this renewal is a testament to that.
“It is excellent news for fans in China and is a perfect platform to showcase Shanghai to the world as millions tune in on TV globally.
“Looking ahead, we will continue to work closely with all partners, further strengthen our engagement with international audiences through the event platform, consistently improve the event quality, and better present the city charm of Shanghai.
“We fully understand that a successful Grand Prix is not only an exciting race event, but also a driving force for the whole society to develop in a more positive direction.
“In the future, we will continue to optimize the event experience through innovation and achieve a sustainable contribution to the society.”
Next year’s Chinese GP will mark the second stop on the 2025 calendar, scheduled for March 21-23.
READ MORE – Verstappen cruises to F1 Chinese GP win as Norris splits the Red Bulls
Discussion about this post