Jan.24 (GMM) The Hungaroring is making good on its promise to improve the just about 40-year-old Components 1 circuit in an effort to safe Hungary’s place on the calendar.
Early final 12 months, with the prevailing contract set to expire in 2027, monitor boss Zsolt Gyulay admitted that the circuit amenities “now not meet the necessities of Components 1”.
He vowed to improve the garages, make the paddock wider, renovate the pit constructing, construct a brand new important grandstand and HQ constructing and extra – resulting in profitable renewal talks with F1 CEO Stefano Domenicali.
The brand new contract now runs to 2032, with Hungarian media stories even suggesting the deal consists of choices to remain behind the previous iron curtain even past that.
“To see the dedication from the promoter to develop the amenities and additional improve the expertise for followers is one other necessary step and one thing we wish to see all our occasions doing,” Domenicali stated.
Gyulay added: “Given the astonishing rise in F1’s international recognition, which now sees extra venues than ever earlier than competing to hitch the calendar, at present’s signing marks a massively important achievement for us.”
And as per the brand new deal, the primary a part of the Hungaroring renovations have been happening over the low season – involving demolition, excavation, and the addition of a crane tower because the pit constructing and paddock works start.
“The redevelopment of the circuit is in full swing,” the Hungaroring confirmed.
The whole challenge is scheduled for completion in 2026.