The Hungarian Grand Prix will remain on the Formula 1 calendar until at least the 2032 season following a new agreement between the series and the promoter.Hungaroring , which has hosted a grand prix every year since 1986, was previously contracted to hold the Hungarian Grand Prix until 2027. A five-year extension to the contract announced by Formula 1 will keep the twisty track on the calendar for the next nine years.
The Hungaroring had previously announced that major refurbishment would take place on its facilities over the coming seasons, including a new main grandstand overlooking the pit straight and a new pit building. The current pit facilities are among the more crowded on the current Formula 1 calendar, with pit garages notoriously tight compared to many more recently constructed venues.
Circuit president and CEO Zsolt Gyulay hailed the extension of the Hungaroring’s contract amid growing international competition for the right to host grands prix.
“Fittingly, the updates to our famous circuit – which include renovations to our main paddock building, main grandstand and spectator zones – are expected to be completed by 2026,” said Gyulay. “My colleagues and I began work on this significant development project eight years ago and today’s announcement acts as the crowning accomplishment for our collective efforts.”
Formula 1 CEO Stefano Domenicali welcomed the planned work to improve the Hungaroring’s facilities over the coming years.
“It is a very special circuit next to the incredible city of Budapest and one all of the drivers and our fans look forward to on the calendar,” said Domenicali.
“To see the commitment from the promoter in Hungary to develop the facilities and further enhance the experience for fans is another important step and something we want to see all our events doing in order to continue to improve and make our races even better.”
The Hungaroring has played host to a total of 37 grands prix, making it one of the sport’s most popular venues. The circuit had held more Formula 1 races than the Circuit de Catalunya, Suzuka, Imola and Albert Park.
The Hungarian Grand Prix will be the 13th round on the 2024 F1 calendar, retaining its mid-May date.
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