Formula 1 has agreed a new deal with Belgian Grand Prix organisers that will see the Spa-Francorchamps circuit stay on the calendar until, at least, 2021.
Spa-Francorchamps remains one of the most popular tracks in Formula 1, with both drivers & fans enjoying the high speed sweeps through the Belgian forests. There’s plenty of overtaking opportunities, as well as the fearsome flat out section between the La Source hairpin and Les Combes that features the sport’s most famous corner: Eau Rouge.
With the current deal expiring after this year’s race, there were some concerns that Formula 1 might move away from Spa, even if temporarily. Liberty Media, the sport’s new owners, have said that they are interested in branching out into new territories, but that the amount of races per year is unlikely to increase further. Therefore, it will come as a relief to all fans of Spa that Formula 1 has concluded a deal with Belgian Grand Prix organisers that will see Grands Prix in 2019, 2020 & 2021.
“We are really pleased to have reached this agreement which means that the Formula 1 Belgian Grand Prix will stay on the calendar for a further three years.” “Formula 1 was born in Europe and the future of this sport needs to maintain its solid roots, while expanding globally and Spa-Francorchamps is part of that fantastic history. We are particularly pleased that the new agreement is an improvement on the previous one, for Formula 1 and for our partner Spa Grand Prix, so that fans attending this race will enjoy a truly unforgettable experience.” Chloe Targett-Adams, Director of Promoters and Business Relations at Formula 1
“This is a good deal which makes sure that such an important event stays in our region, thus placing us on a global visibility platform,” said Pierre Yves-Jeholet, Minister for the Economy in the Wallonia region.
“The regional and national economic benefit is significant: in 2017 we had a return on investment of 315% and ticket sales increased by 7.5%. It is also a significant first for us as we have now concluded a successful and rewarding negotiation with Formula 1.”
The Belgian Grand Prix traditionally ends the official summer break, and this year’s race is scheduled for the last weekend in August.
Are you happy to see Spa-Francorchamps stay on the calendar? Leave your comments below…
