Abu Dhabi Motorsports Management (ADMM) has signed a 10-year extension deal with Formula One Group to host the F1 Etihad Airways Abu Dhabi Grand Prix until 2030. The event, which will continue to be hosted at Yas Marina Circuit, will remain the final race of the F1 season.
The deal was signed in the presence of Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, member of the Abu Dhabi Executive Council and Chairman of the Abu Dhabi Executive Office.
Yas Marina Circuit hosted its inaugural race in 2009, quickly earning favoured status among local, regional, and international fans.
The event, which will continue to be hosted at Yas Marina Circuit, will remain the final race of the F1 season for an additional ten years, further spotlighting the emirate as a global sports, entertainment and tourist hub.
With a global reputation as a world-class destination, Abu Dhabi’s iconic day-into-evening race welcomes 125,000 spectators each year – nearly half of whom travel from overseas to experience the warm hospitality of the UAE and its growing number of hotels and attractions.
CEO Saif Al Noaimi said: "The Abu Dhabi Grand Prix and Yas Marina Circuit continue to introduce hundreds of millions of spectators and TV viewers to Abu Dhabi and the UAE."
"The signing of a new multi-year deal with the Formula One Group not only represents the strength of our relationship but reaffirms our commitment to delivering an unparalleled and world-class race weekend experience for all visitors to enjoy," he added.
F1’s President and CEO Stefano Domenicali said: "We are delighted to confirm that we will be racing in Abu Dhabi until 2030 under this new agreement. We are hugely looking forward to the season finale this weekend when more Formula 1 history will be made."
"The promoter, ADMM, always creates an incredible show for the final race of every F1 season and combined with the changes made to improve the racing on the Yas Marina Circuit we are excited for many years of racing in Abu Dhabi that is ahead of us," he added.-TradeArabia News Service
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