P1racenews AI automatic summary:
The Austrian Grand Prix is here to stay for the long term!
F1 has announced a new extension with the Austrian Grand Prix, ensuring the race stays on the calendar until the end of 2041. The long-term extension has been announced just a few hours prior to the 2025 event. The Austrian Grand Prix originally joined the calendar in 1970 with the Österreichring track, which today is known as the Red Bull Ring. Having dropped off the track in 2003, it returned 11 years later following a revival from Red Bull co-founder Dietrich Mateschitz. The track has become a favourite of drivers and fans alike and has created a number of iconic moments in recent F1 history. The event will continue to play host to F1 for at least the next 15 years.
