Introduced in the calendar of the Formula 1 in 2016, the Azerbaijan Grand Prix in Baku will still be present until 2023. This was announced by the organizers on Tuesday February 5.
CONFIRMED! We are delighted to announce that F1 will continue racing in Baku until 2023!
⠀⠀⠀⠀⠀⠀⠀⠀⠀#F1#AzerbaijanGP#F1Baku#StreetFighters pic.twitter.com/nk1i9LJTzw— Baku City Circuit (@BakuCityCircuit) 5th February 2019
“In just a few years, this race has become one of the most popular of the season, boasts Chase Carey, the boss of Liberty Media. It always provokes close battles and spectacular duels. » However, the organizers of the Azerbaijan GP did not fail to demand an increase in commercial profits and a reduction in the contract price in May 2018.
“This new agreement will allow us to maximize commercial revenues through a new sponsorship approach and more fan-oriented activities” said Azeri Sports Minister Azad Rahimov.
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