F1 confirm contract extension with United States GP

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F1 confirm contract extension with United States GP
Austin race remains on the calendar through to 2026
F1 has agreed a five-year contract extension with the promoters of the United States Grand Prix.
It means the race at Austin's Circuit of the Americas will remain on the F1 calendar through to 2026.
The venue's contract expired at the end of last year's race, leading to COTA founding partner Bobby Epstein embarking on negotiations to secure a new long-term deal.
Epstein was fuelled by the fact his circuit drew in its highest three-day attendance in its history, and the best of last season in F1, of 400,000
Reflecting on the new contract, F1 CEO Stefano Domenicali said: “We are thrilled to be announcing the extension with the Circuit of the Americas ahead of the exciting new 2022 season.
"I want to thank the promoter for their ongoing dedication and enthusiasm for Formula 1 where together we are continuing to grow the excitement around our sport in the US following the huge success of Netflix, the work of ESPN, and the incredible season we had in 2021.
"Austin is a great city, and the track is a favourite for all the drivers, and we cannot wait to be back in October for more action and entertainment.”
Expressing his own delight with the new contract, Epstein said: “The Formula 1 United States Grand Prix has become one of the biggest and greatest events in the world.
"We are extremely proud it has found a home in Texas - at Circuit of The Americas - and are grateful to the millions of fans who visited us over our first decade.
"We knew Austin, along with our neighbours in San Antonio and beyond, would be welcoming hosts - and they proved it!
"Thanks to everyone in the Formula 1 community for supporting our endeavours and rewarding our hard work.
"We are glad to have renewed our commitments and look forward to many more years of world championship racing, entertainment, and fun.”
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