Kristóf Szalay-Bobrovniczky, Minister of Defence, reaffirmed the Hungarian government’s commitment to maintaining and expanding the Hungarian Grand Prix during a statement at the Hungaroring on Sunday, coinciding with the 40th anniversary race weekend in Mogyoród.

The minister noted that he had met with Stefano Domenicali, President and CEO of Formula 1, who praised the speed and quality of recent renovations at the venue. “He was almost lost for words when discussing the renewed infrastructure,” Szalay-Bobrovniczky said, highlighting the strategic value of the event for both parties. He confirmed that Hungary’s promoter agreement had already been renewed for five years, with provisions for further extension.

“The Hungarian government is dedicated to keeping this event here, and to its continuous development and strengthening,” he said, noting full alignment with Formula 1 leadership on this objective.

Szalay-Bobrovniczky described the recent renovation as a “major leap forward” in the Hungaroring’s history. He emphasized the event’s significance as a national showcase, citing its ability to attract 300,000 attendees over a weekend and hundreds of millions of viewers globally. “Through the Grand Prix, Hungary has the chance to present itself. The images broadcast show Budapest and the country, and the GDP impact of hosting the race runs into tens of billions,” he said.

The 40th Hungarian Grand Prix began at 15:00 on Sunday in Mogyoród.