We reported last year that the bosses of the Honda-owned Mobilityland facility had hoped to secure an extension of the contract to host the race – which made its debut at the spectacular circuit in 1987 – but they had equally admitted that the event was “only marginally profitable”.
Suzuka has faced an uphill battle to retain the interest of passionate Japanese fans in the wake of the loss of three Japanese teams – Super Aguri, Honda and Toyota – in the space of two years between 2008-9, while rival circuit Fuji has also left the scene on top of Bridgestone’s departure as the sport’s tyre supplier.
But the Japan Times newspaper has reported that a contract extension has been secured to host the race in 2012 after a agreement was reached with the circuit owners and F1 bosses.
[Original image via LAT]
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