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Spain’s alone F1 chase was beneath austere blackmail but the Barcelona ambit has active what appears to be a new one-year acceding to host the accident again.

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The ambit has appear it will apparatus a “strategic plan with the will to actualize a beyond activity for the facilities” and defended the “feasibility” of the event.

Its account added: “The plan will serve as a framework to ascertain the role that F1 shall accept on a longer-term [basis].”

According to F1, added than bisected a actor assemblage accept abounding the chase over the aftermost three years and appear abstracts from the ambit that this year’s admirable prix generated €163m for the region.

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F1 CEO Chase Carey said the parties would seek to accede a longer-term accord in the advancing months and thanked Catalan admiral Quim Torra for “vital support” during the negotiations.

“The accommodation to abide to date a annular of the acme of motorsport in Spain, a country with a abundant motor antagonism tradition, dating aback to the alpha of the aftermost century, is allotment of our action of advancement Formula 1’s European roots, while additionally currently accretion the championship into new territories,” said Carey.

“The promoter’s alertness to be allotment of Formula 1 activity into 2020 is affidavit of the sport’s adeptness to act as a agitator for regions to authority apple chic contest and additionally to accept a absolute appulse on the area’s economy.

“In the advancing months, we will abide our discussions to see if we can added extend this advantageous relationship.”

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The new adjustment agency Italy and Germany are the alone actual contest at accident for 2020.

Five contest on the accepted 21-race agenda had deals that asleep afterwards this season: Spain, Germany, Britain, Italy and Mexico.

With the active Dutch GP and a new chase in Vietnam actuality added abutting year, and teams alone accordant to a 22-race schedule, F1 was able to lose one of the absolute races.

Silverstone agreed a new multi-year accord for the British GP and Mexico’s approaching after accompaniment allotment has additionally been secured.

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Mexico extends Formula 1 chase accord until 2022

Monza administration accept been assured of a beginning Italian GP adjustment and accept consistently alleged for government abutment to get that over the band to ensure it charcoal the alone ambit to be allotment of every F1 division back 1950.

Circuit chiefs are agog to defended the chase up to its centenary year in 2022 as able-bodied as get the allotment appropriate to check the circuit, with affairs including removing one of Monza’s chicanes.

The German GP, the fourth most-held chase in F1 history, appears best at accident of bottomward off the calendar.

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Mercedes adjourned this year’s chase on a one-off accord but said it was not accommodating to abide with that adjustment longer-term.

The German GP has been captivated 64 times back 51, with alone the British, Italian and Monaco GPs actualization on the agenda added often.

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