Despite, Shanghai not being a part of the Grand Prix for the third year in a row due to coronavirus-based restictions, Formula One declared that the Grand Prix contract with China is going to run up to 2025. China started hosting Grand Prix in 2004 and has been targeted as one of the regions to rocket the growth of F1. Meanwhile, Juss Sports will continue to collaborate with the F1 to ensure that the Formula One events are smoothly conducted in the nation.
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,Our partnership with the promoter Juss Sports is incredibly strong and we look forward to continuing our long-term partnership. China will be restored to the calendar as soon as conditions allow and we look forward to being back with the fans as soon as we can.
Stefano Domenicali, Chief Executive, Formula One