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Formula 1

Australian GP expecting 2016 contract extension

2013 Singapore Grand Prix

As you may have noticed Ron Walker, Chairman of the Australian Grand Prix Corporation, was in Singapore last weekend chewing the fat with Bernie Eccelstone. Despite past opposition from the current Melbourne Lord Mayor, Robert Doyle, Ron and his buddies must have made good progress while they had Bernie’s ear.

Australian GP organisers say they are expecting a contract renewal beyond the current 2015 expiry date. “We have two events still go, but we are starting to look at the future,” said Andrew Westacott, AGPC CEO. “We have been working with them for 18 years and there is a good desire from both parties to continue.”

Remember, Bernie has said in the past he loves Melbourne and would happily sign a 50-year deal if he could. While there is ever increasing demand for places on the F1 calendar local F1 fans will be hoping Australian GP management can keep in Eccelstone’s good books for a while yet.

[Source: Autosport | Pic: Red Bull/Getty Images]