Unusually the latest move follows soon after a four-year extension from 2024 to 2027 that was announced as recently as March.
The extended contract, signed with Red Bull subsidiary and race promoter Projekt Spielberg, reflects the drinks company’s ongoing commitment to F1 after the death of founder and figurehead Dietrich Mateschitz last year. It also takes the race deal well into the period of the next Concorde Agreement, which starts in 2026.
The Austrian GP has been regarded as a success since it returned to the calendar under Red Bull’s stewardship in 2014 after being absent from the calendar since 2003.
The arrival of Max Verstappen with Toro …