F1 Circuit Contracts: What is the Current Contract Status of Every Track?

F1 Circuit Contracts: A Comprehensive Look at the Future of Every Track

Formula 1's calendar is a vital commercial asset, with race hosting fees representing a significant revenue stream for Formula One Management (FOM). Limited to 24 races by the Concorde Agreement, F1 navigates a delicate balance between lucrative new events and traditional circuits that honor the sport's heritage.

The Business of Hosting F1

The 2024 F1 season features 24 events, generating nearly $1 billion for FOM. As the sport's popularity surges, FOM increasingly secures lengthy contracts with new, high-paying venues to ensure financial stability. This strategy aims to lock in key events while maintaining flexibility for future, potentially more profitable, additions.

Securing the Classics and Embracing the New

Several historic Grand Prix have secured long-term deals, including Monaco (2031), Italy (2031), Great Britain (2034), and Australia (2037). New venues are also committing to F1's future, with Abu Dhabi (2030), Qatar (2031), Madrid (2035), and Miami (2041) all having extended their agreements.

A rotational concept has been introduced, notably for the Belgian Grand Prix, which will host races only every other year from 2028. This preserves popular, classic venues while creating opportunities for new races, thereby boosting FOM's revenue.

Upcoming Calendar Changes

The Emilia Romagna Grand Prix at Imola, whose contract expires after 2025, will be removed from the calendar in 2026, making way for the Madrid Grand Prix. The contract for the inaugural Las Vegas Grand Prix, promoted by FOM itself, also expires in 2025, but its continuation is highly anticipated.

F1 Circuit Contract Expiry Years:

Detailed Circuit Status:

• Emilia Romagna (Imola): Contract ends 2025. Facing financial challenges and logistical issues, likely to be removed.
• Las Vegas: Contract ends 2025. Highly anticipated renewal due to FOM's significant investment and promotion.
• Spain (Barcelona): Contract ends 2026. Expected to be replaced by Madrid GP due to financial contributions.
• USA (COTA): Contract ends 2026. Popular event contributing to F1's US growth.
• Netherlands (Zandvoort): Contract ends 2026. Organizers cited hosting costs as prohibitive for continuation.
• Azerbaijan (Baku): Contract ends 2026. Estimated to be the highest-paying F1 event.
• Austria (Red Bull Ring): Contract ends 2027. Potential risk as FOM seeks higher-paying promoters.
• Saudi Arabia (Jeddah): Contract ends 2027. A new circuit in Riyadh is planned for 2027.
• Mexico City: Contract extended to 2028, aiming to boost economic growth.
• Singapore: Contract ends 2028. Popular night race, known for its grueling conditions.
• Japan (Suzuka): Contract ends 2029. Revered by drivers and fans as one of the best circuits.
• Brazil (Interlagos): Contract ends 2030. An old-school circuit with deep historical ties to F1.
• Abu Dhabi (Yas Marina): Contract ends 2030. Hosted the season finale since 2009; circuit modified in 2021.
• China (Shanghai): Contract ends 2030. Important for F1's exposure to a major global market.
• Monaco: Contract ends 2031. Iconic and synonymous with F1, despite often lackluster racing.
• Belgium (Spa-Francorchamps): Contract ends 2031. Will move to a rotational basis from 2027.
• Italy (Monza): Contract ends 2031. Spiritual home of F1, with a long history and high speeds.
• Canada (Montreal): Contract ends 2031. Long-standing fixture in F1 since the 1960s.
• Hungary (Hungaroring): Contract ends 2032. Significant tourism driver for Hungary.
• Qatar (Lusail): Contract ends 2032. High-paying event, though criticized for human rights concerns.
• Great Britain (Silverstone): Contract ends 2034. Hosted the first-ever F1 World Championship race.
• Madrid: New venue, contract until 2035. Will replace Barcelona and contribute to the exit of the Emilia Romagna GP.
• Bahrain: Contract ends 2036. Significant revenue generator, often opening the F1 season.
• Australia (Albert Park): Contract ends 2037. Recently reprofiled to improve racing spectacle.
• Miami: Contract extended to 2041. Popular with drivers and has captured the American audience.