ESPN.com · Nov 6, 2021
Formula One extends Chinese Grand Prix contract to 2025
Formula One announced on Saturday that the Chinese Grand Prix in Shanghai, which will be absent from the calendar for the third year in a row in 2022 due to the COVID-19 pandemic, had extended its contract until 2025.
The race was first held in 2004 and China is seen as an important growth area for the sport.
"This is great news for all of our fans in China and we are delighted to announce this agreement that will see us racing in Shanghai until 2025," Formula One chief executive Stefano Domenicali said in a statement.
"Our partnership with the promoter Juss Sports is incredibly strong and we look forward to continuing our long-term partnership.