Zandvoort circuit director talks about the complexities involved with renewing the Dutch GP contract
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Dutch Grand Prix
As all the Red Bull Racing fans are stoked to see their favorite racer, Max Verstappen, battle it out with his Championship rivals a couple of months from now in Zandvoort, new reports have come in about the renewal of the contract for organizing the Dutch Grand Prix post 2023. As the veiwership of the race has increased manifold ever since Max Verstappen’s slew of brilliant performances in 2021, the executives of the Zandvoort circuit are happy with the response. But even then, they have stated that the talks for a potential renewal of their contract with F1 is still quite complicated. Thus, no concrete decision has not been made yet, and the deadline is approaching fast.
At the end of 2023, the Dutch GP contract will expire, and there is an option for the deal to be extended for another two years. If the circuit owners decide to stick to the deal, they must inform and clarify theor stance before 1 November of this year itself. Even though all the Verstappen fans eagerly wait for the Dutch GP, the circuit director of Zandvoort has said it has not been easy to decide the right path as of yet.
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Zandvoort circuit director discusses the nuances of a contract extension with Formula 1 for the Dutch GP
Hosting a Formula 1 Grand Prix is an expensive affair, but at the same time, it yields millions of bucks of profit for the circuit where the races are held. Zandvoort has been immensely helped by the huge influx of cash, thanks to the Dutch GP in 2021. According to the Breda University, just last year’s Grand Prix in Zandvoort had provided an added economic value of 8.9 million euros. Hence, considering the economic side of things, the Zandvoort circuit director is interested in continuing to host the Dutch GP.
According to the circuit director Robert Van Overdijk, “That is certainly not an ABC’s. We are not there yet with just the sale of tickets. We are 100 percent a privately funded event, so we also need the support of sponsors. In addition, the municipality of Zandvoort is the only government party that has been positive from day one. It is obviously important to us that this remains the case. All those talks have already started. We should also not forget that we have only organized the event once.”
He also said, “If it is up to Formula 1, we will immediately sign a new contract.”
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Riddhi Mondal
(1821 Articles Published)