Formula 1 announced that the Hungarian Grand Prix will remain on the calendar for an additional five years until 2032, extending the existing deal that run until 2027.
The new agreement follows an announcement that the Hungaroring will undergo significant development and refurbishment in the coming years including a new pit building and a main grandstand.
Located just 20km outside the historic city of Budapest, the iconic 4.38km Hungaroring has been part of the F1 calendar since 1986 with many legends of the sport claiming victory at the circuit.
Five of the 2023 grid have been victorious at the Hungarian Grand Prix, with Lewis Hamilton holding a record eight wins, Fernando Alonso. Daniel Ricciardo won back in 2014, while Esteban Ocon claimed his maiden victory in 2021, and Max Verstappen made it back to back wins.
The Hungarian Grand Prix took place last weekend, with 300,000 fans in attendance, an increase from 290,000 in 2022. The Grand Prix this year also marked a special moment for the country with it being 20 years since Zsolt Baumgartner, the only Hungarian to compete in the sport, made his F1 debut.
It is great news to announce the extension of the Hungarian Grand Prix for an additional five years as we return for another action-packed weekend at the Hungaroring. It is a very special circuit next to the incredible city of Budapest and one all of the drivers and our fans look forward to on the calendar. To see the commitment from the promoter in Hungary to develop the facilities and further enhance the experience for fans is another important step and something we want to see all our events doing in order to continue to improve and make our races even better.
Formula 1 President and CEO Stefano Domenicali.
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