Loading Live Scoring...
*All times CAT (GMT+2)

Motorsport | Formula 1

Bernie Ecclestone © Gallo Images

F1 will return to Austria in 2014

Formula One racing will return to Austria next year after an 11-year absence, champions Red Bull, who own the Spielberg circuit in Styria, said on Tuesday.

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.

Mateschitz, who founded Red Bull with two Thai partners in 1984, is one of Austria's richest people, with a net worth of $7.1 billion, according to Forbes.


More expert analysis and opinion from Sport24
The opinions expressed by Sport24 experts and bloggers are theirs alone, and do not necessarily represent those of SuperSport

Event Streaming

Channel Streaming

Other Live Streaming

Event Streaming

Channel Streaming