Bahrain has signed a new ‘long term’ agreement to continue to stage an annual grand prix at Sakhir.
A statement confirmed that the contract covers “the rest of this decade and deep into the next”, after Bahrain hosted its inaugural F1 race in 2004.
“Bahrain has built foundations for the current growth of interest and investment in formula one across the Middle East,” F1 supremo Bernie Ecclestone said.
The Kingdom of Bahrain built the circuit specifically for F1 at a cost of some $150 million.
Bahrain International Circuit’s general manager Martin Whitaker would not comment on reports that the new deal runs until 2019, but he told local media: “Any extension is a move in the right direction.”
GMMF1
DailyF1News.com
