The Azerbaijan Grand Prix in the Azeri capital city of Baku was held for the first time two years ago, won by Daniel Ricciardo in the first year and by Hamilton last season.
The Formula 1 race in Baku will continue until at least 2023 after a deal between the F1 chairman Chase Carey and Azerbaijan minister Azad Rahimov was agreed.
In 2017 and 2018 some important renewals took place which includes agreements for the Grand Prix in Shanghai, in Tokyo, the German Grand Prix as well as the Singapore Grand Prix.
The agreement would not have possible without the contribution of Azerbaijan’s sports minister Azad Rahimov who was very pleased with the extension of the contract.
— Formula 1 (@F1) February 5, 2019
“This is a truly proud day for all of us,” said Rahimov at the press conference announcing the news. “The last few years have been a dream come true for the people of Baku as we have seen our race weekend grow from a simple idea into one of the most dramatic and exciting race weekends in F1’s history.
“This new agreement will allow our race to maximise its commercial revenues through increased fan-engagement activities and a brand-new sponsorship approach to engage our local and regional businesses with Formula 1’s global platform.
“With these exciting opportunities in mind, extending our contract was never in question and we are delighted to stay in this wonderful sport for another 5 years at least.”
The Formula 1 group chairman Chase Carey joined Rahimov in expressing his satisfaction on the contract extension:
“We are very pleased to have renewed this agreement which will see the Azerbaijan Grand Prix feature on the Formula 1 World Championship calendar for many years to come. In just a short space of time, this race has become one of the most popular of the season, always producing closely fought and spectacular racing.
“The Republic of Azerbaijan provides a really excellent welcome to everyone in Formula 1 and the beautiful city of Baku is an amazing backdrop for the greatest motor racing show in the world. All fans of our sport should make a note in the diary for the 28th April, the date of the Formula 1 Azerbaijan Grand Prix 2019.”
Last season’s champion Lewis Hamilton won the 2018 race in Baku and went on to win his fifth World Championship of his career.
This year’s race in Baku is set to take place on the 28th of April and will be another exciting one to watch.