Shanghai F1 race set for April 8
- Author: Julie Sanders Jun 22, 2017,
Jun 22, 2017, 20:16
In matching the 21 races that made up the 2016 calendar (20 races are on the 2017 slate), Carey is delivering on his promise of a longer championship.
Malaysia has announced that this year's race there will be the last due to rising costs and low returns.
After the returning French Grand Prix on June 24, making its first appearance on the schedule since 2008, teams will head to the Red Bull Ring in Austria before concluding the hectic stretch at Silverstone on July 8.
"Negotiations for the term renewal are ongoing and a decision has not been reached", said a ministry spokesperson.
Chase Carey said: "We wanted to finalise next season's calendar early, so that all our stakeholders would have more time to prepare and we have managed it, thanks in part through working closely with the FIA".
"The process is a deliberate one to carefully consider the terms and benefits".
"Every year there is always a unique thing we're playing around and next year it has got this unique event, the World Cup final", Carey said at an FIA Sport Conference in Geneva.
"We are negotiating new agreements that are not signed, but we have good communication and our expectation is that these races are on the calendar".
"We haven't even had this year's Singapore race, let alone next year's, so it's just the reality of having agreements that have come up. We wouldn't have put it out if we didn't expect it to be 21, but the reality is we don't have a completed agreement".
If negotiations fall through, it would mark the end of F1 in Southeast Asia.