China secures new F1 deal through 2020

China secures new F1 deal through 2020

China will continue to host Formula 1 at the Shanghai International Circuit for at least the next three seasons, after signing a new deal through 2020.

Friday, September 29, 2017 (11:30 am)

China was one of two rounds, along with Singapore, to be listed as provisional on the 2018 calendar, with its contract expiring at the end of 2017.


However, following Singapore's recent renewal, China has now followed suit, penning a fresh deal covering the 2018, 2019 and 2020 campaigns.


As part of the renewal, next year's Chinese Grand Prix will be shifted to April 15, with the Bahrain Grand Prix moving forward to April 8, as recently suggested by F1 commercial chief Sean Bratches.


"We are very pleased to have reached an agreement which will see the Formula 1 Chinese Grand Prix continue as a fixture of the Formula 1 World Championship for at least a further three years," said F1 CEO Chase Carey.


"This great country has already demonstrated an overwhelming show of interest in our sport and we firmly believe there is still a great deal of unexplored potential here.


"That's why this renewed agreement is so important as part of our development strategy, especially in this part of the world.


"We and our partners in this venture want to make this Formula 1 Chinese Grand Prix even more spectacular, while bringing Chinese fans ever closer to the sport.


"Finally, we wish to thank the Shanghai Municipal Government for the support it has given and continues to give to the Grand Prix, which has been a crucial element of its success."


China's date swap with Bahrain is subject to the approval of the FIA World Motor Sport Council.


No comments have been posted yet

Be the first to add a comment to this page!

Add Comment

About Racinghub | Contact Us | Terms of use | Manual
Queries: 22 | Time: 0.3112
© 2017 Racinghub