Formula One racing will return to Austria in 2014 after an 11-year absence, champions Red Bull, who own the Spielberg circuit in Styria, announced today.
Red Bull Racing team owner Dietrich Mateschitz (R) congratulates Sebastian Vettel (L) of Germany and Red Bull Racing in their team garage on November 14, 2010. Photo: Mark Thompson / Getty Images
The energy-drink company said a deal had been struck between Red Bull founder Dietrich Mateschitz and Formula One chief executive Bernie Ecclestone.
“Dietrich Mateschitz and Bernie Ecclestone have reached agreement to the effect that Formula One will come back to Styria next year,” Red Bull said in a brief statement.
“On condition of approval by the required authorities, July 6, 2014, is expected to be the date.”
Austria last hosted a Grand Prix in 2003, after which the circuit was due to be extended, but construction work was stopped midway and the track became unusable for years before Mateschitz bought and rebuilt it, renaming it the Red Bull Ring. – Reuters
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