P1racenews AI automatic summary:
F1 is currently going through a boom in popularity, with various countries interested in bringing the sport to their country.
F1 CEO Stefano Domenicali emphasized the importance of long-term agreements to protect investments and ensure unique experiences for fans at races around the world.
Several locations like Bahrain, Australia, and Miami have secured extended contracts with F1, contributing to the sport’s global reach and stable future.
F1 has expanded its schedule, reaching 24 races annually, with plans to rotate venues and consider new locations for hosting grands prix.
Potential new venues in Europe, Africa, and Asia are being explored, with strong interest from countries like Germany, South Africa, and Rwanda for hosting future races.
Domenicali highlighted the growth and positive outlook for F1, indicating a healthy state of affairs for the sport’s future expansion and development.
