Latest News

Back to Latest News back

 

Saudi Arabia to host first F1 Grand Prix in 2021

Saudi Arabia to host first F1 Grand Prix in 2021
November 5, 2020

One of the richest deals in the history of Formula 1 will see Saudi Arabia host its inaugural Grand Prix in November next year.

Set to be Saudi Arabia’s biggest ever sporting event, the race will be on a new track running along the corniche of the Red Sea city of Jeddah and will be the centrepiece of a weekend of live motorsport, entertainment and culture.

A 10-year agreement between Formula 1 and the Saudi Automobile and Motorcycle Federation (SAMF) forms part of the Kingdom’s plans to host an increasing number of international sporting events.

Announcing the new race, Chase Carey, Chairman and Chief Executive of Formula 1, stated “Saudi Arabia is a country that is rapidly becoming a hub for sports and entertainment with many major events taking place there in recent years and we are very pleased that Formula 1 will be racing there from next season.

“The region is hugely important to us and with 70% of the population of Saudi being under 30 we are excited about the potential to reach new fans and bring our existing fans around the world exciting racing from an incredible and historic location. We will be publishing our full provisional 2021 calendar in the coming weeks and this will be submitted to the World Motor Sport Council for approval.”

The reported hosting fee of US$900 million across the duration of the deal, follows F1 having had to slash its hosting fees to secure Grand Prix venues this year, according to Forbes.

Jeddah, Saudi Arabia’s second largest city, will host the race until a purpose-built track at Qiddiyah is completed in 2023.

F1 have announced that the final track design for the 2021 circuit is yet to be decided, though organisers want it to take place at night under the lights.

The Australian Grand Prix at Melbourne’s Albert Park circuit is set to the opening round of the 2021 Formula 1 season on 21st March while other races in the F1 calendar for 2021 have yet to be confirmed.

Images: The Red Sea city of Jeddah will host Saudi Arabia's inaugural Grand Prix next year (top, credit: Saudi Arabia Tourism) and an artist's impression of the Qiddiyah circuit (below).

Related Articles

1st October 2020 - Global sports survey shows impact of COVID-19 pandemic

30th September 2020 - Women-only waterpark opened in Saudi Arabia

25th August 2020 - Formula 1 adds Abu Dhabi, Bahrain and Turkey to 2020 race calendar

24th July 2020 - UFC’s Abu Dhabi Fight Nights ‘absolutely a win’

1st May 2020 - Coronavirus has multi-billion dollar negative impact on global sport

28th April 2020 - Saudi Arabian investment fund acquires 5.7% stake in Live Nation

23rd April 2020 - Qatar and Saudi Arabia enter rival bids to host 2030 Asian Games

13th March 2020 - Australian Grand Prix called off due to Coronavirus concerns

3rd March 2020 - Saudi Arabian sustainable development appoints Foster + Partners as Architectural Advisors

25th February 2020 - Saudi Arabia commences construction on NEOM

13th February 2020 - Coronavirus fears sees postponement of F1 Chinese Grand Prix

4th February 2020 - Golf Saudi advances regional strategy with support from STRI

14th January 2020 - Formula One secures first ever gambling sponsor

3rd January 2020 - New research shows increasing tourist interest in visiting Saudi Arabia

6th November 2019 - New US$133 million Discover Saudi platform launched to drive tourism

6th October 2019 - Open space and cultural projects aim to transform Saudi Arabian capital

27th September 2019 - Saudi Arabia looks to open up to non-Muslim international tourists

8th August 2019 - Qiddiya giga-project reveals new master plan video

23rd July 2019 - Saudi Arabia hosts first International Beach Sports Tournaments at NEOM giga-project site

19th July 2019 - Melbourne secures Formula 1 Grand Prix until at least 2025

1st July 2019 - Masterplan revealed for Saudi Arabia’s entertainment and sport city giga-project

2nd May 2018 - World Wrestling Entertainment stages first event in Saudi Arabia

30th October 2017 - Saudi Arabia to allow women to attend stadium-based sport

19th September 2017 - Singapore Grand Prix attendance rises by 19%


Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

Vivaticket

As of the 1st July 2018, Enta Australasia Pty Ltd/Best Union has been rebranded as Vivaticket Pty Ltd.  Vivaticket is the ideal strategic partner for the organisation and management of your…

read more

Attractions / Entertainment / Sport / Ticketing / Venues

 
 

Augmented Creative

Augmented Creative is an open organization of like-minded and highly dedicated, creative people who conceive, plan and execute visual solutions. We pursue new and innovative visual ideas to help…

read more

Arts / Attractions / Consultants / Design / Tourism

 
 

Clubware

Clubware’s online gym software is not your run of the mill management system. It has been carefully designed to incorporate all the elements that a fitness club would need. How did we do that?…

read more

Access / Billing / Fitness / Recreation

 
 

SeatGeek Asia Pacific

SeatGeek is a search engine and mobile-focused ticket marketplace that allows fans to buy and sell tickets for live events. As of August 2018, SeatGeek has exited the Australian, New…

read more

Entertainment / Sport / Technology / Ticketing / Venues

 
 

GEOFF NINNES FONG AND PARTNERS

Geoff Ninnes Fong & Partners (GNFP) is a structural, aquatic and civil engineering consultancy with broad experience in the design of new municipal and institutional swimming pools, hydrotherapy…

read more

Aquatics / Consultants / Design / Venues

 
 

Hydrocare Pool Services

Hydrocare Pool Services Pty Ltd offer 30 years of experience in aquatic industry features, products and water treatment. Hydrocare Pools has undertaken water treatment for aquatic centres and…

read more

Aquatics / Attractions / Play / Recreation / Technology

 
 

Centaman Entrance Control

Turnstile Entry Systems and Access Control Centaman Entrance Controls’ Award Winning Range of Access Control Systems includes tripod & triarm turnstiles, speedgates, full height…

read more

Access / Entertainment / Sport / Ticketing / Venues

 
 

TECHNOGYM AUSTRALIA

Technogym is the leading company in the Wellness and Fitness field all over the world. With 2,200 employees, 14 branches in Europe, U.S., South America, Asia  and Australia, Technogym exports its…

read more

Fitness / Technology / Wellness

 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business