The Circuit de Spa-Francorchamps has received a one-year extension with Formula 1, keeping the Belgian Grand Prix on the calendar through 2025.
Spa-Francorchamps has faced an uncertain future and its place on the 2023 and 2024 calendars was only approved on a short-term basis.
On Friday Formula 1 confirmed that an agreement has been reached to secure Spa-Francorchamps’ spot on the 2025 schedule, ensuring Belgium has at least another two years on the championship’s roster.
“Spa is synonymous with Formula 1 having been one of the circuits in our first ever season and is much-loved by fans and drivers alike, so I am delighted to extend our relationship with them until 2025,” said Formula 1 CEO Stefano Domenicali.
“The promoter has taken big strides in the last few years to improve the fan experience and infrastructure, and work is ongoing between all the stakeholders with a clear focus on delivering safe and exciting racing.
“I would like to thank the promoter and the Government of Wallonia for their continued support.”
Belgium’s Spa-Francorchamps was on the calendar of Formula 1’s inaugural season in 1950.
“We are proud and excited to announce that the Formula 1 Grand Prix will take place in Wallonia in 2025,” said Wallonia’s Vice President Willy Borsus.
“Our region will once again rise to the top of the international scene, thanks to its high-quality events and legendary sports infrastructure.
“Beyond the prestige, I would like to emphasize the considerable economic impact that this event brings to Wallonia and Belgium. According to a study carried out in 2021, the Grand Prix generates positive spin-offs of €41.8 million for our region, after deduction of public funding, which is steadily decreasing.
“These figures constitute a solid indication of the financial impact, and the positive outlook means that we can expect even more positive results this year. The Formula 1 Grand Prix thus embodies both an emblematic moment in motor sport and a powerful engine of economic growth for our region.”
