P1racenews AI automatic summary:
Formula 1 has announced a five-year contract extension with the Chinese Grand Prix that will see it remain on the calendar through 2030.
The Shanghai International Circuit returned to Formula 1 in 2024 following a five-year break due to the COVID-19 pandemic, with approximately 200,000 Chinese fans attending the weekend events, witnessing their local hero, Zho Guanyu, compete in an F1 Grand Prix in front of them for the first time. Stefano Domenicali, the President and CEO of Formula 1, expressed his excitement about the successful return to China after a five-year absence and emphasized the growing support for the sport in the country. Formula 1 announced a renewed partnership with the Chinese Grand Prix, extending the agreement for another five years, with plans to continue enhancing the event experience and promoting the charm of Shanghai to a global audience. Guo Jianfei, Chairman of Shanghai Jiushi (Group) Co., Ltd., the promoter of the Chinese Grand Prix, highlighted their commitment to excellence in event organization, focusing on engaging international audiences, improving event quality, and contributing positively to society. The upcoming Chinese Grand Prix in 2025, scheduled for March 21-23, will be the second race on the calendar, following the success of the 2024 event won by Verstappen.
