Belgian GP secures one year extension for 2025

The current agreement for the Formula One Belgian Grand Prix has been extended by one year, keeping it on the schedule through 2025. In a statement, Formula One said that this year’s race in Spa-Francorchamps had drawn 380,000 spectators throughout the weekend, up 20,000 from 2022.

The track is the longest and one of the fastest in the calendar, but catastrophic crashes have made headlines there, including the deaths of Dutch youngster Delano van ‘t Hoff in July 2018 and French F2 driver Anthoine Hubert in 2019.

“Spa is synonymous with Formula One having been one of the circuits in our first ever season and is much loved by fans and drivers alike, so I am delighted to extend our relationship with them until 2025,” stated Stefano Domenicali, CEO of Formula One.

“The promoter has taken big strides in the last few years to improve the fan experience and infrastructure, and work is ongoing between all the stakeholders with a clear focus on delivering safe and exciting racing.”

After deducting state spending, a 2021 assessment, according to Wallonia’s minister for the economy, Willy Borsus, showed that the race created positive spin-offs for the area of 41.8 million euros ($44.11 million).

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