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New paddock for Hungary in new F1 deal through 2037
Aug.6 Hungary has secured its long-term future on the Formula 1 calendar. The country's national innovation minister Laszlo Palkovics was at the Hungaroring last weekend for talks with F1 CEO Stefano Domenicali. Incredibly, although the race near Budapest already had a contract until 2032, that has now been extended for a further five years – all the way to 2037. 'I assured Stefano Domenicali that the Hungarian government wants to continue hosting F1 in Hungary,' said Palkovics. 'We have a financial agreement until 2032 and I suggested that we would like to extend it for five or ten years. It was accepted that after 2032 we have this option until 2037, and therefore we would like to...
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