Formula 1 has announced a five-year contract extension for the Sao Paulo Grand Prix, keeping the race on the calendar through 2030.
There were originally two more years on the existing contract beyond this weekend’s event at Interlagos, but with ongoing investment into the venue to expand its revenue streams beyond motorsport it has been able to commit to a longer-term deal. F1 president and CEO Stefano Domenicali says retaining the history of Interlagos on the schedule was important.
“I am delighted to announce we will be staying at Interlagos until 2030, and I can’t wait for many more years of the wonderful atmosphere that the Brazilian fans bring,” Domenicali said. “Brazil has such a rich racing heritage, and this iconic circuit is a favorite of drivers and fans around the world. It embodies everything that is great about racing, and we look forward to seeing how it develops over the years to come to create an even better experience.”
Sao Paulo Grand Prix CEO Alan Adler says more investment can now be made given the certainty the extended contract brings to the race.
“It is a great honor to have the contract extension that ensures Sao Paulo’s place on the Formula 1 calendar,” Adler said. “This is the recognition of the work we have been doing, with the crucial support of the Sao Paulo City Hall. Continuing to be a partner of Formula 1 is a matter of great pride. Now, we will immediately start planning for the years ahead so that we can have even better grand prix editions in the coming years.”
Mayor of Sao Paulo Ricardo Nunes highlighted the importance of the coverage the race brings to the city each year, with another late-season slot in 2024 when the race will be held at the start of November.
“The extension of the contract for the Formula 1 Grande Premio de Sao Paulo, broadcasted in approximately 180 countries, solidifies our city as a global leader in hosting major events with economic and social impact, generating jobs, revenue, and opportunities,” Nunes said. “Each year, we also advance our sustainability agenda, incorporating innovations to overcome challenges and bring more benefits to the city of Sao Paulo and Brazil.”