Belgian Grand Prix on F1 schedule for 2023

Belgian Grand Prix on F1 schedule for 2023

With the current deal running out, Formula One confirmed that the Belgian Grand Prix will remain on its race schedule for 2023.

There had been speculation that the 2022 race, taking place at Spa, could be the last at the venue.

Spa has been a much-loved F1 track for over 70 years, but new races have left it in danger of falling off the schedule.

However, the F1 calendar is capped at 24 races under the sport's agreement with the teams.

A new race in Las Vegas is already confirmed for 2023.

The South African GP is in the pipeline along with the Chinese and Qatar GPs also set to return next year.

There is huge money in Formula 1 and estimates suggest that it generates up to a billion dollars in revenue.

The F1 distributes total profit to all the teams and the drivers are paid salaries by the teams they drive for.