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The Abu Dhabi Grand Prix will be staying on the Formula One calendar until at least 2030, the sport announced on Thursday ahead of the season-ending title-decider at Yas Marina.
Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, member of the Abu Dhabi Executive Council and Chairman of the Abu Dhabi Executive Office, witnessed the signing of an extended 10-year agreement between Abu Dhabi Motorsports Management (ADMM) and the Formula One Group.
The event, which will continue to be hosted at Yas Marina Circuit, will remain the final race of the F1 season for an additional 10 years, further spotlighting the emirate as a global sports, entertainment and tourist hub.
“The Abu Dhabi Grand Prix and Yas Marina Circuit continue to introduce hundreds of millions of spectators and TV viewers to Abu Dhabi and the United Arab Emirates. The signing of a new multi-year deal with the Formula One Group not only represents the strength of our relationship but reaffirms our commitment to delivering an unparalleled and world-class race weekend experience for all visitors to enjoy,” said Saif Al Noaimi, CEO of ADMM.
Meanwhile, Formula 1’s President and CEO, Stefano Domenicali, said: “We are delighted to confirm that we will be racing in Abu Dhabi until 2030 under this new agreement. The promoter, ADMM, always creates an incredible show for the final race of every F1 season and combined with the changes made to improve the racing on the Yas Marina Circuit we are excited for many years of racing in Abu Dhabi that is ahead of us.”
Mohammed Bin Sulayem, former Emirati Rally Driver, FIA Vice President and President of the Emirates Motorsports Organization (EMSO), was also delighted with the contract extension.
“I have immense pride in my country’s commitment to motorsports, and their investment at a community level to grow the sport and offer world-class opportunities,” Bin Sulayem said.
“The Abu Dhabi Grand Prix is a one-of-a-kind showcase of Abu Dhabi on a global scale. To have the commitment that it will be the final feature on the F1 calendar for at least another 10-years is a testament to the unwavering support of all stakeholders involved.”
The race is one of four in the Middle East, with Qatar and Saudi Arabia making their debuts this year on long-term contracts and Bahrain an established fixture.
Abu Dhabi first hosted Formula One in 2009 and is one of the most lucrative races for commercial rights holders Liberty Media. (With inputs from Reuters)
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