Belgian Grand Prix to go ahead for Next Three Seasons

The future of the Belgian Grand Prix was secured for the next three years after race organisers signed a deal with Formula One (F1) chiefs.

The Spa Francorchamps race had its fate in the balance, ambulance amid concerns it was seeking a race-share deal with Nurburgring or Magny-Cours.

The contract will run from 2013 to 2015 and is providing better financial gain for the circuit.

In other news regarding the Belgian Grand Prix, organisers will allow 5,600 spectators into the ground, after The Ticket Enterprise (TTE) collapsed, leaving fans without tickets they had paid for.

Chief Promoter, Etienne Davignon confirmed the news at a press conference and said: “We will see how we can recover (the money).

“It is too early to judge just how much we are going to lose.”