Melbourne Retains F1’s Australian Grand Prix Until 2035

Formula One (F1) and the Australian Grand Prix Corporation have announced the F1 Australian Grand Prix will remain in Melbourne after signing a 10-year partnership extension.

Extending the Australian Grand Prix race agreement until 2035, the deal comes off the back of a successful 2022 race and two-year hiatus due to COVID-19.

Due to initially expire in 2025, the 10-year extension until 2035 will see Melbourne’s Albert Park provide 40 years of service to Formula One.

From next year, feeder series Formula Two and Three races will also be added to the Australian event.

Upwards of 419,000 fans visited Albert Park for the 2022 four-day event, with Formula One president and CEO, Stefano Domenicali, saying: “The race has always been a favourite for the fans.”

“I am delighted to confirm that Melbourne and the Albert Park circuit will continue to be on the Formula Calendar until 2035,” Domenicali said.

Australian Grand Prix Corporation CEO, Andrew Westacott, noted the significance this deal brings to the state of Victoria.

“It builds on our rich motor sport history as well as Melbourne’s love of big sporting events and provides aspiration to the next generation of Aussie racing stars,” Westacott said.

“Everyone at the Australian grand prix corporation looks forward to taking the Formula One Australian Grand Prix to new levels over the course of the next 13 years,” he said.

Hosting the race since 1996, the Albert Park precinct is set for further improvements for the paddock and pit lanes ahead of the 2023 season.

Subject to the world motorsport council’s approval, the date of the 2023 Australian Grand Prix is yet to be confirmed.