Formula 1 renews Australian Grand Prix in Melbourne through 2025
The Australian Grand Prix will continue to be held in Melbourne through 2025, Formula 1 chiefs have announced.
Formula 1 raced in Adelaide between 1985 and 1995 but since 1996 the event has been held around the streets of Albert Park in Melbourne.
Melbourne has typically hosted the season-opening event – having been the first stop on the schedule each year bar 2006 and 2010 – and will again kick off the new campaign in 2020.
Melbourne’s original contract with Formula 1 ran until 2023 but on Thursday it was confirmed that this has now been extended through 2025.
“We are pleased to have renewed our partnership with the city of Melbourne, which will now host the Formula 1 Australian Grand Prix until at least 2025,” said F1 CEO Chase Carey.
“The decision to extend the current relationship for a further two years stems from the fact this event has proved to be a resounding success for the capital of Victoria, for Australia and indeed around the world, proving immensely popular with fans and those who work in Formula 1.
“Working along with our partner, the Australian Grand Prix Corporation, we plan to make the Australian Grand Prix even more exciting and spectacular, as a sporting event and as a form of entertainment.
“Today’s announcement follows on from last week’s, relating to the British Grand Prix and is proof that more and more promoters are sharing our long-term vision for the future of Formula 1.
“We cannot wait to be back in Melbourne, from 12 to 15 March next year to celebrate the 25th anniversary of this race being held there and continuing a relationship which will also allow us to celebrate at least 30 years in the city in 2025.”