Ecclestone, Red Bull, agree deal for 2014 Austria GP

The race will in fact only take place on July 6 next year if "all necessary regulatory approvals" are given.

Jul.23 (GMM) Bernie Ecclestone has agreed a deal with Dietrich Mateschitz for a Grand Prix at the renovated and relaunched Red Bull Ring in 2014.

Panoramic view from the Red Bull Ring on this weekend, during a WSR race.
Panoramic view from the Red Bull Ring on this weekend, during a WSR race.

Photo by: DPPI

The energy drink company, headed by Austrian billionaire and F1 team owner Mateschitz, stunned the Formula One world with the news that was delivered via a brief statement early on Tuesday.

Austria last hosted a Grand Prix, held at the same Spielberg circuit then known as the A1-Ring, in 2003.

"Dietrich Mateschitz and Bernie Ecclestone have reached an agreement to the effect that Formula One will return to Styria next year," Tuesday's statement read.

However, subsequent media reports, including by the German news agencies SID and DPA, clarified that the race will in fact only take place on July 6 next year if "all necessary regulatory approvals" are given.

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About this article
Series Formula 1
Drivers Bernie Ecclestone
Article type Breaking news
Tags ecclestone, mateschit, red bull