The Spanish Grand Prix will remain on the F1 Calendar into 2020 ...
There had been growing doubt about the future of the Spanish Grand Prix due to financial troubles, but the local government has managed to secure funding to keep this great race at the Circuit de Barcelona-Catalunya for a further season.
Following the announcement of the Netherlands Grand Prix earlier this year speculation grew that it would replace this race which was first hosted a race in 1991.
F1 chairman and chief executive officer Chase Carey said: "The decision to continue to stage a round in Spain, a country with a great motor-racing tradition, dating back to the start of the last century, is part of our strategy of maintaining Formula 1's European roots, while also currently expanding the championship into new territories."
Carey added negotiations would continue with the government of Catalunya in the coming months with a view to extending the new contract beyond 2020.
This announcement means the 2020 F1 season will have a record 22-race schedule next season with additional races added in the Netherlands and Vietnam.
