The future of the Australian Grand Prix has been secured until at least 2023 at Melbourne’s Albert Park circuit, Victorian state premier Daniel Andrews has announced.

The news comes amid some recent speculation that Australia’s largest city, Sydney, was looking to poach the event when Melbourne’s previous contract expired at the end of the 2020 season.

“The Australian Formula One Grand Prix is here to stay exactly where it belongs, in the great city of Melbourne,” Andrews said in a video posted to his Facebook page, directly addressing the News South Wales, Mike Baird and cheekily using the #SorryNotSorry tag.

Premier Andrews joined the state’s Minister for Sport, Tourism and Major Events John Eren MP at the Albert Park circuit this morning to officially confirm the news to the media.

“This is such a significant event, hundreds of millions watch the race. The Australian Formula 1 Grand Prix is in many respects the centrepiece of our major events program,” Premier Andrews added.

“The Australian Formula 1 Grand Prix is here to stay absolutely where it belongs; the major events, sporting and cultural capital of Australia.”

“We are very happy to extend our relationship with Melbourne, who continue to set the standard for Formula 1 events globally. This new agreement will take the city past 25 consecutive years of hosting Formula 1, a super achievement,” added the sport’s commercial rights holder, Bernie Ecclestone.

Image via Sergio Pérez

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Richard Bailey

Founder & Chief Editor at MotorsportM8
Hasn't missed a Grand Prix since 1989. Has a soft spot for Minardi. Tattooed with 35+ Grand Prix circuits.