Australian GP gets new F1 contract through 2020

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The Australian Grand Prix will remain in Melbourne until 2020 after a new five-year contract was announced on Saturday by the state premier of Victoria, Denis Napthine.

The city has hosted the race since 1996 after picking up the contract from Adelaide, but with its current deal set to run out after the 2015 race, there were some doubts about the future of Formula 1 in Australia.

Race promoter Ron Walker was one of the biggest critics of the new sound and formula of the sport after the Australian Grand Prix hosted the first race with the V6 power units and revamped cars. However, he has managed to agree a new deal with F1 supremo Bernie Ecclestone which ensures that the sport will continue to visit Australia for the next six years.

According to AP, the contract also states that the race will remain as the first of each season and will not become a night race.

“I can tell you the new contract is significantly better for Victoria,” Napthine said. “This reaffirms Melbourne and Victoria as the sporting and major events capital of the world.”

Ecclestone was also pleased to sign the new deal, saying: “I congratulate Melbourne for the excellent way in which is presents Formula 1 to the world.”

As the sport continues to explore new markets and new races, it is good to see an established and popular event such as the Australian Grand Prix get a new contract.

The success of home driver Daniel Ricciardo will also have played a part in the new deal. The Red Bull driver has claimed two race wins so far this year, and is quickly establishing himself to be one of the most popular figures in the sport as well as a highly talented driver.

IndyCar, Dallara reveal tweak to speedway aero package

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INDYCAR and Dallara revealed on Monday that a front wing extension will be made available to Verizon IndyCar Series teams to use as part of the super speedway aero package for the universal aero kits.

The extensions are expected to provide an increase in front downforce, by a minimum of three percent, and teams will be free to use them as needed. Dallara is also providing an additional wicker that can be used as a part of the extension.

The change comes in the wake of drivers voicing concerns about stability at the front of the car, especially while running in traffic – concerns which surfaced initially during Indianapolis 500 practice.

More details about the change can be viewed on IndyCar’s website.

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