P1racenews AI automatic summary:
The Belgian Grand Prix will remain on the Formula 1 calendar until 2025 after signing a one-year contract extension. The race at Spa-Francorchamps has faced an uncertain future for a number of year…
The Belgian Grand Prix has secured a one-year contract extension and will remain on the Formula 1 calendar until 2025. Despite lacking a long-term deal, recent investments in infrastructure and safety changes to the track at Spa-Francorchamps have contributed to the extension. F1 CEO Stefano Domenicali emphasizes the need for further focus on the track itself for a possible extension beyond 2025. The race holds historical significance as one of the circuits in F1’s first-ever season, and it is highly cherished by fans and drivers. The event also brings positive economic impact to the region, generating €41.8 million ($43.9m) after deducting public funding, according to a study conducted in 2021.
Source: Racer
