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Report: Spa inks Formula 1 contract renewal

The 2017 Belgian Grand Prix The Belgian Formula 1 Grand Prix will remain at Spa for at least another three years under a newly signed contract with Liberty Media, according to a report from Belgium. L’Echo reports that the Wallonia local government inked a new deal this week to keep F1 at the Circuit de Spa-Francorchamps through to 2021. “It is a good agreement that ensures the maintenance in Wallonia of an event that contributes to the promotion of the region on a global scale,” Wallonia Vice-President and Economic Minister Pierre-Yves Jeholet was quoted as telling L’Echo. “It’s also a new era since it is the first time that we negotiated with the leaders of Liberty Media.”...
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