Motor racing’s Formula 1 (F1) has today (November 3) extended its deal to race in Sao Paulo in Brazil until 2030.

The extension will see the Sao Paulo Grand Prix at the Interlagos circuit remain on the 24-race F1 calendar for an additional five years.

The track, officially known as the Autódromo José Carlos Pace after the 1975 winner, has featured on the F1 schedule for over 50 years.

The renewed deal has been announced ahead of this year’s grand prix in Brazil, taking place on Sunday (November 5).

In 2022, the Sao Paulo Grand Prix welcomed 235,000 fans across the race weekend as George Russell won his first race.

The event is organized by promoter MC Brazil Motorsport, backed by Abu Dhabi-based investment firm Mubadala.

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The extension of the São Paulo Grand Prix follows recent significant investment by the Sao Paulo government, as the city looks to upgrade the Interlagos circuit.

Next season, the São Paulo Grand Prix will take place on November 1 to 3.

Stefano Domenicali, president and chief executive of Formula 1, said: “I am delighted to announce we will be staying at Interlagos until 2030, and I can’t wait for many more years of the wonderful atmosphere that the Brazilian fans bring.

“Brazil has such a rich racing heritage, and this iconic circuit is a favorite of drivers and fans around the world. It embodies everything that is great about racing, and we look forward to seeing how it develops over the years to create an even better experience.”

Alan Adler, chief executive of São Paulo Grand Prix, added: “It is a great honor to have the contract extension that ensures São Paulo's place on the Formula 1 calendar. This is the recognition of the work we have been doing, with the crucial support of the São Paulo City Hall.

“Now, we will immediately start planning for the years ahead so that we can have even better Grand Prix editions in the coming years.”

F1 also recently extended its contract with the Belgian Grand Prix at the Spa-Francorchamps racing circuit until at least 2025.

In early July, meanwhile, the promoter of the Austrian Grand Prix extended that event's stay on the F1 calendar until 2030.