The organizers of the top automobile competition extended their agreement with the Suzuka Circuit (Japan) for five more years. Up to twelve Formula 1 world champion titles were defined on the Japanese track.
The Formula 1 extended its agreement with Suzuka Circuit so that the Japanese route remains on the Grand Circus calendar for the next five years, until 2029, as the competition has revealed in a statement.
“Formula 1 announced a five-year extension with the Japanese Grand Prix, whereby the iconic Suzuka circuit will remain on the F1 calendar until 2029 inclusive,” the letter explains.
The 2024 Japanese Grand Prix will be held in April, between the Grand Prix of Australia and China, as a result of the plan Formula 1 to rationalize the calendar and optimize travel logistics, with the aim of “becoming a competition with zero carbon emissions in 2030,” explains Formula 1.
Stefano Domenicali, president and CEO of the Formula 1, has recognized that “Suzuki “It is a special circuit and is part of the fabric of the sport, so I am delighted that Formula 1 will continue to race there until at least 2029.”
“As we prepare to return to Japan earlier than usual this season, I would like to express my enormous gratitude to the promoter and the Honda MobilityLand team for supporting our effort towards further calendar rationalization as we seek to make the sport more sustainable,” adds the manager.
For his part, the Tsuyoshi Saito, President of Honda Mobilityland Corporation, He stressed that “I am pleased that we can continue to host the Formula 1 Japanese Grand Prix at the Suzuka circuit from 2025.” “Our goal is to create a sustainable future and we are currently preparing to welcome many fans for the 2024 Formula 1 Japanese Grand Prix in April, the first time the event will be held in the spring season,” he adds. he.
In 2022, the Japanese Grand Prix recorded an attendance of 222,000 fans throughout the weekend, increasing the previous season’s records by around 10%. In parallel, 20,000 fans attended the first F1 Fan Festival in central Tokyo.
The circuit of Suzuki will share a calendar with the interurban route of Madrid. The capital has ousted Barcelona and will organize the Spanish Formula 1 Grand Prix from 2026 to 2035. The test is expected to leave up to 8,200 direct jobs in Madrid, tens of thousands of indirect jobs, an impact of 0.2% on the Gross Domestic Product (GDP) of the Community of Madrid and 120,000 visitors, of which 45% will be international.
Source: Ambito
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