BUDAPEST Aug 3 Formula One officials have
agreed an extension to their contract with the Hungarian Grand
Prix, keeping the event on the F1 calendar until at least 2016.
The extension was announced in a statement ahead of Sunday's
edition of the race after a meeting between Hungary's sports
minister and Formula One's commercial supremo Bernie Ecclestone.
The Hungaroring track, renowned as a technically challenging
course with a twisting layout and few overtaking opportunities,
made its F1 debut in 1986, becoming the first venue behind the
former Iron Curtain to stage a race.
Regularly high temperatures provide another challenge for
The Hungaroring's location within a natural valley also
makes it popular with fans who are able to see large sections of
the track from the grandstands.
(Reporting by Mark Ledsom, editing by Ken Ferris)