Formula 1 Extends Azerbaijan Grand Prix Hosting Until 2030
Formula 1 Extends Azerbaijan Grand Prix Hosting Until 2030

Formula 1 Extends Azerbaijan Grand Prix Hosting Until 2030

News summary

The Azerbaijan Grand Prix will remain on the Formula One calendar until at least 2030 following a contract extension announced by Formula One authorities. The Baku City Circuit, which first hosted a race in 2016 under the European Grand Prix title before being renamed the Azerbaijan Grand Prix in 2017, is known for its unique layout featuring technical sections and long straights along the scenic shoreline and historic old town. Despite its relatively limited venue capacity, the race continues to attract significant global TV audiences, with over 66 million viewers for the 2024 event. Formula One President Stefano Domenicali praised the strong partnership between Formula One, the Azerbaijani government, and race promoters, emphasizing the commitment to delivering an exceptional experience for fans, teams, and drivers. The contract extension reflects confidence in Azerbaijan's continued role in the sport, promising exciting and unpredictable races in the future, as exemplified by multiple-time winner Sergio Perez. This deal also reportedly includes an increased hosting fee, highlighting Azerbaijan's status as one of the highest-paying hosts on the F1 calendar.

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