Formula 1 has given three European circuits one-year contract extensions to compensate for lost revenues in 2020, it emerged on Friday. Organisers of the Hungarian, Italian and Belgian Grands Prix, which stand to lose out on tickets sales, revealed new deals. F1, whose season has yet to start due to the COVID-19 pandemic, announced an eight-round schedule on Tuesday with the season starting in Austria on July 5. Austria’s Red Bull Ring and Britain’s Silverstone will both have two races each with Hungary, Spain, Belgium and Italy hosting the remainder. “We did our best during the discussions to get a good agreement both for the country and the sport even in these challenging times,”...
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