Tag: 2028

  • F1 to return to Portugal

    Formula 1 has announced that it will return to Portugal in 2027 and 2028 as part of a two year agreement with the Portuguese government, Turismo de Portugal and promoter Parkalgar, Parques Tecnologicos e Desportivos, S.A.

    The Autodromo Internacional do Algarve, more commonly known as Portimao, last hosted F1 events in 2020 and 2021, and was a key venue in the sport’s return to racing during the Covid-19 pandemic.

    Set in the idyllic Algarve in Portugal’s southernmost region, known for its spectacular beaches and historic charm, the 4.6km circuit offers drivers a technical challenge, with dramatic elevation changes culminating in a plunge down to the final right hander leading back to the pit straight.

    Portugal has a prestigious history in Formula 1, hosting its first Grand Prix in Porto in 1958, as well as holding race weekends in Monsanto and Estoril across the sport’s 75 years.
    Some of the greatest drivers in Formula 1 have reached the top step on the podium in Portugal including Stirling Moss, Alain Prost, Ayrton Senna and Nigel Mansell.

    More recently, Portimao was the circuit where Lewis Hamilton surpassed Michael Schumacher’s record of all-time wins after he secured his 92nd victory in 2021. Hamilton remains the only driver on the current grid to win at the circuit, having also taken the chequered flag in 2020.

    I’m delighted to see Portimão return to the Formula 1 calendar and for the sport to continue to ignite the passion of our incredible Portuguese fanbase. The circuit delivers on-track excitement from the first corner to the chequered flag, and its energy lifts fans out of their seats. The interest and demand to host a Formula 1 Grand Prix is the highest that it has ever been, so I would like to thank Prime Minister, Luís Montenegro, the Minister of Economy and Territorial Cohesion of Portugal, Manuel Castro Almeida, the Secretary of State for Tourism, Commerce and Services, Pedro Machado, President of Turismo de Portugal, Carlos Abade, President of the Algarve Tourist Board, Andre Gomes and CEO and Chairman of the Algarve International Circuit, Jaime Costa, for their support in bringing F1 back to Portugal.I look forward to working together again to ensure that Portimão returns to the calendar in emphatic style.
    Stefano Domnenicali, President & CEO of Formula 1.

    Portugal is back on the Formula 1 map. The F1 Grande Prémio de Portugal will have a direct impact on economic activity, generating opportunities throughout the economic chain – from tourism to trade, and services to SMEs – projecting the country as a competitive and reliable destination. Hosting the Grand Prix in the Algarve reinforces our regional development strategy, enhancing the value of the territories and creating opportunities for local economies. This will be an event that, in addition to being a source of prestige for our country, will enhance Portugal’s image throughout the world.
    Manuel Castro Almeida, Minister of Economy and Territorial Cohesion of Portugal.

    We are thrilled to welcome Formula 1 back to Portugal and to the Autódromo Internacional do Algarve. The Portuguese Grand Prix will showcase the excellence of our circuit and the passion of our fans, delivering a powerful boost for our tourism, region, and community. This achievement was only made possible with the continuous support – since the beginning – of the Portuguese Government. Portimão’s unique “rollercoaster” layout will challenge the best drivers in the world and create a spectacle that fans will love. We look forward to creating unforgettable moments and setting new standards of excellence on and off the track.
    Jaime Costa, Chairman and CEO of Autodromo Internacional do Algarve.

  • Gasly signs new contract extension with Alpine

    Pierre Gasly has committed his long-term future to Alpine by signing a contract extension that will see him race for the French manufacturer until at least the end of the 2028 campaign.

    The 29 year old joined Alpine ahead of the 2023 season and has since scored two podiums while also playing a key role in helping the team secure sixth place in the Teams’ Championship last season.

    Gasly’s previous contract wasn’t due to expire until the end of next season but both sides were keen to extend that deal by a further two years and so put pen to paper before the Italian Grand Prix.

    Alpine are having a challenging season as they are last in the F1 Constructors’ Championship, but Gasly had largely been the lead driver above Jack Doohan and Franco Colapinto, scoring the team’s only points in Bahrain, Spain, Great Britain and Belgium.

    Next year sees a new set of car regulations, and Alpine have decided to not use their own Renault engines, instead taking Mercedes’ power units.

    I’m thrilled to commit my long-term future to Alpine. As a Frenchman, especially, driving for a French car company, it makes me feel very proud. Since I joined in 2023, I have always felt that this team is the right place to be for the future. Flavio’s support and belief in me, Francois’ commitment to the Formula 1 project, as well as the people we have in Enstone made this a natural decision and I want to be here in years to come and deliver on our joint objective: to win races and World Championships. We’re all in this together and I look forward to continuing this special story.
    Gasly on the news.

    Since I returned to the team, I have always stated how important it is to build and grow the competitiveness of BWT Alpine Formula One Team. We’re well prepared for the new era of Formula 1, beginning in 2026, and now we have our lead driver confirmed to bring us well into the future. Pierre has been an immense asset for the team during this challenging period. I have been very impressed with his attitude, dedication and talent and we look forward to continuing this project together for a long time.
    Briatore on the news.

  • Verstappen signs until 2028

    Verstappen signs until 2028

    World champion, Max Verstappen has signed a bumper five year contract extension with Red Bull, which keeps him with the team until at least the end of 2028.

    The Dutchman took the victory on the final lap of Abu Dhabi in which he clinched his maiden world championship, after a spectacular season fight with Lewis Hamilton.

    Red Bull, now enter a new era this year, as the team departed from engine partner, Honda and have taken over the intellectual property for the engine and set up their own division on their campus in Milton Keynes.

    Verstappen’s previous deal ran until the end of next season (2023), but both Max & Red Bull were keen to extend a successful partnership.

    The new contract is said to be worth in the region of €40-50m (£33.3 – 41.7m) a year, which would make it among the most lucrative in the history of F1.

    Verstappen said: “I really enjoy being part of Red Bull Racing, so choosing to stay to the 2028 season was an easy decision. I love this team and last year was simply incredible. Our goal since we came together in 2016 was to win the championship and we have done that, so now it’s about keeping the number one on the car long-term.”

    Red Bull boss Christian Horner added: “To have Max signed with Red Bull through to the end of ‘28 is a real statement of intent. Our immediate focus is on retaining Max’s world championship title, but this deal also shows he is part of the team’s long-term planning. With the Red Bull Powertrains division working towards the new engine regulations for 2026 we wanted to make sure we had the best driver on the grid secured for that car.”

    My Opinion-

    After, Max winning the championship last year we all knew a new contract would happen and to add 5 years on to his exisiting contract shows how much both Max & Red Bull have faith and trust in each other.

    I cannot see Max going to another team, as all his known is Red Bull, having been brought up by the junior team in his career, to then move to Toro Rosso and then RB, they seem like the perfect fit.