The Australian Grand Prix will remain in Melbourne until at
least 2037 with a new deal to be the season-opening race on at least four
occasions and Saudi Arabia will kick off the 2024 campaign, the Victoria state
government said.
The deal for a further two years at Albert Park follows a
10-year extension announced in June.
“Part of the deal will see Melbourne host the first race of
the Formula One season for at least four years between 2023 and 2037,” the
government said in a statement.
It added that Saudi Arabia would host the 2024 opener “out
of respect for Ramadan”.
Australian Grand Prix Corporation chief executive Andrew
Westacott said he will stand down after next year’s race, which is scheduled
from March 30-April 2.