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F1 agrees deal for Japanese GP to stay at Suzuka until 2029

The Japanese Grand Prix will continue to be held at Suzuka until at least 2029 after Formula 1 agreed a five-year contract extension with owners Honda.

The news will be welcomed by drivers and fans alike who feared that the series is moving too far away from its classic venues.

Prior to the agreement the event was one of the last with no guaranteed place on the calendar beyond this season after a run of deals that has seen most races secure their spots well into the future.

The last remaining race that currently has a contract that runs out after this season’s edition is Silverstone, but it’s believed that a deal to keep the British GP firmly on the schedule is not far away.

The new Suzuka contract is not as long as those handed to the likes of Australia (running to 2035) and Bahrain (2036), but at five years it is longer than the track’s previous arrangement, which ran for three seasons.

While that was due to run out this year, there was never any real doubt that an extended deal would eventually be done, especially given that Honda is committed to a works presence as Aston Martin’s power unit partner from 2026 onwards.

The circuit has kept F1 onside by starting on an upgrade programme and by backing a successful fan event in Tokyo last year, which is likely to be repeated this season.

The deal also reduces the chances of a proposed street event in Osaka coming to fruition.

While the Osaka authorities have indicated that theirs could be a second Japanese event, the chances of F1 agreeing to have two races that are just 130kms apart by road appear to be slim, especially given the busy calendar. Had Suzuka not agreed terms, Osaka’s case would have been much stronger.

Source: Autosport

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