Unusually the latest move follows soon after a four-year extension from 2024 to 2027 that was announced as recently as March.
The extended contract, signed with Red Bull subsidiary and race promoter Projekt Spielberg, reflects the drinks company’s ongoing commitment to F1 after the death of founder and figurehead Dietrich Mateschitz last year.
It also takes the race deal well into the period of the next Concorde Agreement, which starts in 2026.
The Austrian GP has been regarded as a success since it returned to the calendar under Red Bull’s stewardship in 2014 after being absent from the calendar since 2003.
The arrival of Max Verstappen with Toro Rosso in 2015 added an extra element, as the race soon became regarded as must-see event by travelling Dutch fans who now make up a significant percentage of the crowd.
The promoters also earned a lot of credit with the F1 organisation by stepping in and running the first two races held in the COVID-hit season of 2020, with the Styrian GP name used for the second event.
The track also hosted two races in 2021 as other Grands Prix around the world continued to be cancelled due to the pandemic.
Source: Autosport